AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$2.08 per $10,000 · paid last 24h +0.015%

Price spread now: Gate against OKX+0.199%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1941.945% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days−0.230%−$23 · spread now +0.199%, 7d avg +0.014%

Together, before fees−0.233%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.185% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AR-USDT-SWAP	4.5220	−0.0108	get 0.0108% / 8h	6h 09m	$2.3M	$19.3M	20x
Short	Gate AR_USDT	4.5310	0.0100	get 0.0100% / 8h	6h 09m	$2.5M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.199%Rate

Funding earned: $43.71
Price spread: +0.199% → +0.014%: $18.49
Slippage, 4 orders: −$169.48
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$132.28
Costs to cover: 1.945%
Break-even: 28.2 days

Slippage from OKX: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago	2.20 bp	18.6 bp −$19	194.9 bp −$1,949	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.50 bp	76.7 bp −$77	199.4 bp −$1,994	doesn't fit	doesn't fit

AR on 16 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	−0.1684%	1h	4.5483	+0.581%	$56K	$149K	20x	as long as short
Injective AR/USDC PERP	−0.0353%	1h	4.6110	+1.968%	$2K	$2K	5.5x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5332	+0.247%	$583K	—	50x	as long as short
OKX AR-USDT-SWAPlong	−0.0108%	8h	4.5220	long leg	$2.3M	$19.3M	20x
MEXC AR_USDT	+0.0068%	8h	4.5300	+0.177%	$6.4M	$4.3M	100x	as long as short
Binance ARUSDT	+0.0070%	8h	4.5290	+0.155%	$9.0M	$52.6M	75x	as long as short
Extended AR-USD	+0.0072%	1h	4.5299	+0.174%	$37K	$240K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5370	+0.332%	$4.1M	$4.6M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5363	+0.316%	$19K	$500K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5290	+0.155%	$4.7M	$8.5M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDTshort	+0.0100%	8h	4.5310	+0.199%	$2.5M	$2.2M	50x
KuCoin ARUSDTM	+0.0100%	8h	4.5320	+0.221%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5240	+0.044%	$3.9M	$5.4M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5300	+0.177%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5387	+0.369%	$237K	$261K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5520	+0.663%	$20K	$749K	50x	as long as short