Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.081%
Price spread now: BloFin against Binance−0.149%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.149%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.110% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2019 | 0.0562 | pay 0.0281% / 4h | 3h 16m | $5.4M | $11.2M | 20x |
| Short | BloFin ARX-USDT | 0.2016 | 0.0435 | get 0.0217% / 4h | 3h 16m | $235K | $48K | 20x |
Binance ARXUSDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$26.78
- Price spread: −0.149% → −0.038%
- −$11.01
- Slippage, 4 orders
- −$99.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$158.95
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 49 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 Binance live order book, 8 min ago | 2.48 bp | 22.3 bp −$22 | 359.7 bp −$3,597 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 2.48 bp | 28.8 bp −$29 | 189.0 bp −$1,890 | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2025 | +0.297% | $1.0M | $414K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2011 | −0.411% | $710K | $747K | 20x | as long as short |
| Bitget ARXUSDT | +0.0162% | 4h | 0.2017 | −0.114% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0435% | 4h | 0.2016 | −0.149% | $235K | $48K | 20x | |
| OKX ARX-USDT-SWAP | +0.0458% | 4h | 0.2020 | +0.050% | $728K | $3.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0562% | 4h | 0.2015 | −0.198% | $877K | $419K | 20x | as long as short |
| Binance ARXUSDTlong | +0.0562% | 4h | 0.2019 | long leg | $5.4M | $11.2M | 20x | |
| Aster ARXUSDT | +0.0739% | 4h | 0.2011 | −0.396% | $80K | $100K | 10x | as long as short |
| BingX ARX-USDT | +0.1186% | 4h | 0.2018 | −0.050% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1249% | 4h | 0.2021 | +0.099% | $4.1M | $2.3M | 20x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
OKX ARX-USDT-SWAP
MEXC ARX_USDT
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT