AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h +0.026%

Price spread now: BingX against OKX+0.130%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$770.773% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 7 days−0.148%−$15 · spread now +0.130%, 7d avg +0.023%

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.107% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AR-USDT-SWAP	4.6150	−0.0079	get 0.0079% / 8h	8m 17s	$2.4M	$21.1M	20x
Short	BingX AR-USDT	4.6210	0.0100	get 0.0100% / 8h	8m 17s	—	$2.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.130%Rate

Funding earned: $37.64
Price spread: +0.130% → +0.023%: $10.75
Slippage, 4 orders: −$57.25
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$28.86
Costs to cover: 0.773%
Break-even: 12.4 days

Slippage from OKX: live order book, 5 min ago; BingX: live order book, 1 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	1.09 bp	21.7 bp −$22	174.6 bp −$1,746	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	4.33 bp	19.4 bp −$19	38.3 bp −$383	301.3 bp −$30.1K	729.8 bp −$364.9K

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	+0.127%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6256	+0.229%	$594K	—	50x	as long as short
OKX AR-USDT-SWAPlong	−0.0079%	8h	4.6150	long leg	$2.4M	$21.1M	20x
Binance ARUSDT	+0.0007%	8h	4.6220	+0.152%	$9.3M	$55.6M	75x	as long as short
Extended AR-USD	+0.0008%	1h	4.6211	+0.132%	$38K	$237K	10x	as long as short
MEXC AR_USDT	+0.0008%	8h	4.6230	+0.173%	$6.7M	$4.5M	100x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.932%	$3K	$339	5.5x	as long as short
BloFin AR-USDT	+0.0033%	8h	4.6270	+0.260%	$441K	$682K	20x	as long as short
ApeX Omni ARUSDT	+0.0064%	1h	4.6300	+0.325%	$23K	$764K	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6312	+0.351%	$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	+0.294%	$20K	$606K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.6187	+0.080%	$4.6M	$8.8M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.6260	+0.238%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6230	+0.173%	$1.5M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6200	+0.108%	$4.0M	$5.7M	75x	as long as short
BingX AR-USDTshort	+0.0100%	8h	4.6210	+0.130%	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.6108	−0.090%	$143K	$176K	—	as long as short