ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$2.00 per $10,000 · paid last 24h −0.011%

Price spread now: Bybit against Binance0.000%7-day average −0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$340as in the Funding arb table

Net, price: spread back to 7d avg − costs−$295as in the Price arb table

costs, in and out, $10k−$3063.061% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.336%−$34 on $10k

Price spread, last 7 days−0.191%−$19 · spread now 0.000%, 7d avg −0.107%

Together, before fees−0.527%−$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.107% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.107%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARXUSDT	0.2001	0.0268	pay 0.0134% / 4h	34m 29s	$5.4M	$11.0M	20x
Short	Bybit ARXUSDT	0.2001	0.0668	get 0.0334% / 4h	34m 29s	$4.0M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $84.14
Price spread: 0.000% → −0.107%: $10.69
Slippage, 4 orders: −$285.07
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$211.24
Costs to cover: 3.061%
Break-even: 24.6 days

Slippage from Binance: live order book, 5 min ago; Bybit: 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 Binance live order book, 5 min ago	2.50 bp	32.9 bp −$33	327.5 bp −$3,275	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	7.49 bp	94.3 bp −$94	doesn't fit	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	0.2009	+0.400%	$1.0M	$409K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.1999	−0.105%	$700K	$705K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0258%	4h	0.2003	+0.100%	$725K	$2.9M	20x	as long as short
MEXC ARX_USDT	+0.0266%	4h	0.2001	0.000%	$857K	$403K	20x	as long as short
Binance ARXUSDTlong	+0.0268%	4h	0.2001	long leg	$5.4M	$11.0M	20x
BloFin ARX-USDT	+0.0284%	4h	0.2003	+0.100%	$234K	$50K	20x	as long as short
Bitget ARXUSDT	+0.0392%	4h	0.2004	+0.145%	$1.9M	$1.7M	20x	as long as short
Aster ARXUSDT	+0.0432%	4h	0.2002	+0.048%	$86K	$91K	10x	as long as short
Bybit ARXUSDTshort	+0.0668%	4h	0.2001	0.000%	$4.0M	$2.3M	20x
BingX ARX-USDT	+0.0712%	4h	0.2001	0.000%	—	$1.7M	—	as long as short