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: BloFin against MEXC+0.094%94s7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as 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−$360.357% of the position

Long on MEXC Short on BloFin

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 +0.094%, 7d avg −0.064%

Together, before fees+0.130%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.158% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.064%. 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	MEXC AR_USDT	4.2530	0.0100	pay 0.0100% / 8h	1h 35m	$6.0M	$4.2M	100x
Short	BloFin AR-USDT	4.2570	0.0220	get 0.0220% / 8h	1h 35m	$410K	$451K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.094%Rate

Funding earned: $25.2
Price spread: +0.094% → −0.064%: $15.76
Slippage, 4 orders: −$19.69
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $5.27
Costs to cover: 0.357%
Break-even: 5.5 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 50 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, 2 min ago	1.18 bp	3.2 bp −$3	12.9 bp −$129	195.5 bp −$19.5K	doesn't fit
Sell BloFin live order book, 50 min ago	1.20 bp	9.7 bp −$10	40.1 bp −$401	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	−0.2659%	1h	4.2445	−0.200%	$52K	$184K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2536	+0.015%	$547K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+4.021%	$2K	$5K	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.2590	+0.141%	$3.4M	$4.6M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.2558	+0.065%	$42K	$444K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.2531	+0.002%	$8.4M	$50.9M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.2534	+0.009%	$4.2M	$9.1M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2520	−0.024%	$2.2M	$16.8M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2470	−0.141%	$2.0M	$3.4M	50x	as long as short
MEXC AR_USDTlong	+0.0100%	8h	4.2530	long leg	$6.0M	$4.2M	100x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.2500	−0.071%	$1.1M	$1.3M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.2480	−0.118%	$3.7M	$5.4M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2540	+0.024%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2568	+0.088%	$245K	$588K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.2410	−0.282%	$20K	$713K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.2521	−0.022%	$35K	$243K	10x	as long as short
BloFin AR-USDTshort	+0.0220%	8h	4.2570	+0.094%	$410K	$451K	20x