AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin+0.044%94s7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.452% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.044%, 7d avg +0.051%

Together, before fees−0.129%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.5470	0.0220	pay 0.0220% / 8h	5h 13m	$434K	$495K	20x
Short	MEXC AR_USDT	4.5490	0.0100	get 0.0100% / 8h	5h 13m	$6.5M	$4.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$25.2
Price spread: +0.044% → +0.051%: −$0.7
Slippage, 4 orders: −$29.2
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$71.1
Costs to cover: 0.452%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 28 min ago	1.10 bp	20.5 bp −$20	44.4 bp −$444	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.10 bp	3.1 bp −$3	23.6 bp −$236	214.0 bp −$21.4K	doesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5350	−0.265%	$583K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0044%	8h	4.5480	+0.022%	$2.3M	$18.6M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5290	−0.396%	$548	$3K	5.5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5386	−0.185%	$19K	$492K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.5479	+0.019%	$9.0M	$50.6M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5480	+0.022%	$4.7M	$8.3M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.5440	−0.066%	$2.6M	$2.0M	50x	as long as short
MEXC AR_USDTshort	+0.0100%	8h	4.5490	+0.044%	$6.5M	$4.3M	100x
KuCoin ARUSDTM	+0.0100%	8h	4.5410	−0.132%	$1.2M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5430	−0.088%	$4.0M	$5.2M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AR-USDT	+0.0100%	8h	4.5460	−0.022%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5491	+0.046%	$236K	$253K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5470	0.000%	$20K	$722K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.5448	−0.048%	$37K	$235K	10x	as long as short
Hyperliquid AR	+0.0106%	1h	4.5522	+0.114%	$4.1M	$4.5M	5x	as long as short
BloFin AR-USDTlong	+0.0220%	8h	4.5470	long leg	$434K	$495K	20x
Kraken Futures PF_ARUSD	+0.1923%	1h	4.5451	−0.042%	$56K	$149K	20x	as long as short