AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.021%

Price spread now: Bybit against MEXC−0.093%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$720.724% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.075%+$8 · spread now −0.093%, 7d avg −0.097%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.6230	0.0008	pay 0.0008% / 8h	8m 22s	$6.7M	$4.5M	100x
Short	Bybit ARUSDT	4.6187	0.0100	get 0.0100% / 8h	8m 22s	$4.6M	$8.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.093%Rate

Funding earned: $19.32
Price spread: −0.093% → −0.097%: $0.4
Slippage, 4 orders: −$57.37
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$52.65
Costs to cover: 0.724%
Break-even: 26.1 days

Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 5 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	2.17 bp	4.2 bp −$4	15.6 bp −$156	195.2 bp −$19.5K	doesn't fit
Sell Bybit live order book, 5 min ago	2.17 bp	27.0 bp −$27	143.8 bp −$1,438	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	−0.1948%	1h	4.6209	−0.046%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6256	+0.056%	$594K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0079%	8h	4.6150	−0.173%	$2.4M	$21.1M	20x	as long as short
Binance ARUSDT	+0.0007%	8h	4.6220	−0.022%	$9.3M	$55.6M	75x	as long as short
Extended AR-USD	+0.0008%	1h	4.6211	−0.042%	$38K	$237K	10x	as long as short
MEXC AR_USDTlong	+0.0008%	8h	4.6230	long leg	$6.7M	$4.5M	100x
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−1.103%	$3K	$339	5.5x	as long as short
BloFin AR-USDT	+0.0033%	8h	4.6270	+0.087%	$441K	$682K	20x	as long as short
ApeX Omni ARUSDT	+0.0064%	1h	4.6300	+0.151%	$23K	$764K	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6312	+0.177%	$4.3M	$4.9M	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ARUSDT	+0.0100%	8h	4.6286	+0.120%	$20K	$606K	10x	as long as short
Bybit ARUSDTshort	+0.0100%	8h	4.6187	−0.093%	$4.6M	$8.8M	75x
Gate AR_USDT	+0.0100%	8h	4.6260	+0.065%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6230	0.000%	$1.5M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6200	−0.065%	$4.0M	$5.7M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.6210	−0.043%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6108	−0.263%	$143K	$176K	—	as long as short