AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against MEXC−0.088%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1511.510% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.071%+$7 · spread now −0.088%, 7d avg −0.056%

Together, before fees+0.065%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.031% cheaper against MEXC than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 6.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.5680	0.0083	pay 0.0083% / 8h	1h 17m	$6.8M	$4.6M	100x
Short	Gate AR_USDT	4.5640	0.0100	get 0.0100% / 8h	1h 17m	$2.6M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.088%Rate

Funding earned: $3.57
Price spread: −0.088% → −0.056%: −$3.12
Slippage, 4 orders: −$132.04
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$150.59
Costs to cover: 1.510%
Break-even: 302.3 days

Slippage from MEXC: live order book, 6 min ago; Gate: 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, 6 min ago	3.32 bp	5.3 bp −$5	13.8 bp −$138	201.0 bp −$20.1K	doesn't fit
Sell Gate live order book, 6 min ago	3.32 bp	74.7 bp −$75	250.9 bp −$2,509	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	−0.1894%	1h	4.5680	−0.001%	$47K	$156K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5718	+0.083%	$587K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	+0.088%	$3K	$339	5.5x	as long as short
OKX AR-USDT-SWAP	+0.0045%	8h	4.5670	−0.022%	$2.3M	$20.8M	20x	as long as short
Extended AR-USD	+0.0080%	1h	4.5661	−0.042%	$37K	$237K	10x	as long as short
MEXC AR_USDTlong	+0.0083%	8h	4.5680	long leg	$6.8M	$4.6M	100x
Binance ARUSDT	+0.0084%	8h	4.5690	+0.022%	$9.0M	$55.7M	75x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5748	+0.149%	$3.9M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5657	−0.050%	$20K	$615K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5670	−0.022%	$4.7M	$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_USDTshort	+0.0100%	8h	4.5640	−0.088%	$2.6M	$2.3M	50x
KuCoin ARUSDTM	+0.0100%	8h	4.5690	+0.022%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5650	−0.066%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5660	−0.044%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5284	−0.866%	$137K	$173K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5300	−0.832%	$57K	$748K	50x	as long as short
BloFin AR-USDT	+0.0204%	8h	4.5660	−0.044%	$424K	$683K	20x	as long as short