Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.046%
Price spread now: Bitget against OKX−0.022%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.022%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AR-USDT-SWAP | 4.5440 | −0.0052 | get 0.0052% / 8h | 5h 18m | $2.3M | $18.6M | 20x |
| Short | Bitget ARUSDT | 4.5430 | 0.0100 | get 0.0100% / 8h | 5h 18m | $4.0M | $5.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $31.84
- Price spread: −0.022% → −0.004%
- −$1.78
- Slippage, 4 orders
- −$73.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.39
- Costs to cover
- 0.955%
- Break-even
- 21.4 days
Slippage from OKX: live order book, 5 min ago; Bitget: 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 OKX live order book, 5 min ago | 1.10 bp | 20.3 bp −$20 | 201.2 bp −$2,012 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.30 bp | 23.1 bp −$23 | 93.3 bp −$933 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.5451 | +0.025% | $584K | — | 50x | as long as short |
| OKX AR-USDT-SWAPlong | −0.0052% | 8h | 4.5440 | long leg | $2.3M | $18.6M | 20x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5290 | −0.330% | $548 | $3K | 5.5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5427 | −0.028% | $19K | $492K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.5470 | +0.066% | $9.1M | $50.8M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5440 | 0.000% | $4.7M | $8.3M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5440 | 0.000% | $2.6M | $2.0M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.5470 | +0.066% | $6.5M | $4.3M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5400 | −0.088% | $1.2M | $1.2M | 50x | as long as short |
| Bitget ARUSDTshort | +0.0100% | 8h | 4.5430 | −0.022% | $4.0M | $5.2M | 75x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AR-USDT | +0.0100% | 8h | 4.5450 | +0.022% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5477 | +0.081% | $236K | $255K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5530 | +0.198% | $20K | $724K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.5447 | +0.016% | $38K | $235K | 10x | as long as short |
| Hyperliquid AR | +0.0130% | 1h | 4.5530 | +0.198% | $4.1M | $4.5M | 5x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.5490 | +0.110% | $431K | $495K | 20x | as long as short |
| Kraken Futures PF_ARUSD | +0.1920% | 1h | 4.5534 | +0.208% | $56K | $149K | 20x | as long as short |
OKX AR-USDT-SWAP
Bitget ARUSDT
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
Hyperliquid AR
BloFin AR-USDT
Kraken Futures PF_ARUSD