AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.021%

Price spread now: BingX against MEXC−0.067%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 7 days+0.055%+$5 · spread now −0.067%, 7d avg −0.045%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.022% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.4780	0.0097	pay 0.0097% / 8h	1h 43m	$6.7M	$4.5M	100x
Short	BingX AR-USDT	4.4750	0.0100	get 0.0100% / 8h	1h 43m	—	$2.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0.63
Price spread: −0.067% → −0.045%: −$2.17
Slippage, 4 orders: −$32.33
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$47.88
Costs to cover: 0.463%
Break-even: 539.0 days

Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 6 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, 4 min ago	1.12 bp	3.1 bp −$3	17.7 bp −$177	212.9 bp −$21.3K	doesn't fit
Sell BingX live order book, 6 min ago	4.48 bp	21.7 bp −$22	46.0 bp −$460	295.6 bp −$29.6K	678.5 bp −$339.2K

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	−0.1931%	1h	4.4796	+0.036%	$46K	$154K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.4759	−0.047%	$575K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	+2.099%	$3K	$339	5.5x	as long as short
OKX AR-USDT-SWAP	+0.0090%	8h	4.4730	−0.112%	$2.2M	$20.4M	20x	as long as short
Extended AR-USD	+0.0096%	1h	4.4792	+0.027%	$36K	$237K	10x	as long as short
MEXC AR_USDTlong	+0.0097%	8h	4.4780	long leg	$6.7M	$4.5M	100x
Binance ARUSDT	+0.0099%	8h	4.4787	+0.015%	$8.8M	$55.6M	75x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4849	+0.154%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4808	+0.063%	$20K	$621K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4761	−0.042%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.4760	−0.045%	$2.5M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.4780	0.000%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4740	−0.089%	$3.8M	$5.6M	75x	as long as short
BingX AR-USDTshort	+0.0100%	8h	4.4750	−0.067%	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.4711	−0.155%	$136K	$174K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4750	−0.067%	$57K	$746K	50x	as long as short
BloFin AR-USDT	+0.0218%	8h	4.4780	0.000%	$420K	$669K	20x	as long as short