AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h −0.005%

Price spread now: Aster against MEXC−0.156%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$950.950% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.156%, 7d avg −0.002%

Together, before fees+0.261%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.154% cheaper against MEXC than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of −0.002%). If the spread goes back, that is −$15 on $10k: about 5.3 days of funding at the current rate (+$3 a day). At the pace of the last 5 days (+0.006% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.4910	0.0004	pay 0.0004% / 8h	6h 55m	$6.0M	$4.2M	100x
Short	Aster ARUSDT	4.4840	0.0100	get 0.0100% / 8h	6h 55m	$26K	$500K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now −0.156%Rate

Funding earned: $20.16
Price spread: −0.156% → −0.002%: −$15.37
Slippage, 4 orders: −$83.05
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$90.25
Costs to cover: 0.950%
Break-even: 38.3 days

Slippage from MEXC: live order book, 7 min ago; Aster: live order book, 12 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 MEXC live order book, 7 min ago	1.10 bp	3.1 bp −$3	19.8 bp −$198	222.0 bp −$22.2K	doesn't fit
Sell Aster live order book, 12 min ago	9.75 bp	53.3 bp −$53	doesn't fit	doesn't fit	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
Kraken Futures PF_ARUSD	−0.1701%	1h	4.5052	+0.315%	$55K	$148K	20x	as long as short
Injective AR/USDC PERP	−0.0353%	1h	4.6110	+2.672%	$2K	$2K	5.5x	as long as short
OKX AR-USDT-SWAP	−0.0150%	8h	4.4890	−0.045%	$2.3M	$19.4M	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.4881	−0.064%	$577K	—	50x	as long as short
MEXC AR_USDTlong	+0.0004%	8h	4.4910	long leg	$6.0M	$4.2M	100x
Binance ARUSDT	+0.0004%	8h	4.4920	+0.022%	$8.9M	$53.4M	75x	as long as short
Extended AR-USD	+0.0008%	1h	4.4869	−0.091%	$37K	$243K	10x	as long as short
BloFin AR-USDT	+0.0016%	8h	4.4910	0.000%	$432K	$526K	20x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4895	−0.033%	$4.0M	$4.8M	5x	as long as short
Aster ARUSDTshort	+0.0100%	8h	4.4840	−0.156%	$26K	$500K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDT	+0.0100%	8h	4.4890	−0.045%	$4.5M	$8.5M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4860	−0.111%	$2.5M	$2.1M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.4890	−0.045%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4860	−0.111%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.4880	−0.067%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5018	+0.241%	$140K	$165K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5300	+0.868%	$23K	$743K	50x	as long as short