Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against OKX+0.073%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.073%, 7d avg +0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AR-USDT-SWAP | 4.4750 | 0.0090 | pay 0.0090% / 8h | 1h 43m | $2.2M | $20.5M | 20x |
| Short | Binance ARUSDT | 4.4783 | 0.0098 | get 0.0098% / 8h | 1h 43m | $8.8M | $55.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.8
- Price spread: +0.073% → +0.054%
- $1.93
- Slippage, 4 orders
- −$53.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.42
- Costs to cover
- 0.732%
- Break-even
- 277.3 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 13 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 OKX live order book, 5 min ago | 1.12 bp | 22.7 bp −$23 | 329.4 bp −$3,294 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.12 bp | 16.5 bp −$16 | 48.7 bp −$487 | 338.3 bp −$33.8K | 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 | −0.1931% | 1h | 4.4796 | +0.103% | $46K | $154K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4759 | +0.020% | $575K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +2.168% | $3K | $339 | 5.5x | as long as short |
| OKX AR-USDT-SWAPlong | +0.0090% | 8h | 4.4750 | long leg | $2.2M | $20.5M | 20x | |
| Extended AR-USD | +0.0096% | 1h | 4.4792 | +0.094% | $36K | $237K | 10x | as long as short |
| MEXC AR_USDT | +0.0097% | 8h | 4.4780 | +0.067% | $6.7M | $4.5M | 100x | as long as short |
| Binance ARUSDTshort | +0.0098% | 8h | 4.4783 | +0.073% | $8.8M | $55.6M | 75x | |
| Hyperliquid AR | +0.0100% | 1h | 4.4850 | +0.223% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4806 | +0.125% | $20K | $621K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4760 | +0.022% | $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 | +0.022% | $2.5M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4780 | +0.067% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4730 | −0.045% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4750 | 0.000% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4711 | −0.088% | $136K | $174K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4750 | 0.000% | $57K | $746K | 50x | as long as short |
| BloFin AR-USDT | +0.0218% | 8h | 4.4780 | +0.067% | $420K | $669K | 20x | as long as short |
OKX AR-USDT-SWAP
Binance ARUSDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Extended AR-USD
MEXC AR_USDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT