Funding you earn now, next payment 00:00 UTC−0.0213%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h −0.089%
Price spread now: OKX against Binance+0.079%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
Funding, last 7 days−0.425%−$42 on $10k
+Price spread, last 7 days−0.279%−$28 · spread now +0.079%, 7d avg −0.162%
=The price spread pays, funding is against you. OKX is 0.241% dearer against Binance than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.162%): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2014 | 0.0339 | pay 0.0170% / 4h | 1h 43m | $5.5M | $11.0M | 20x |
| Short | OKX ARX-USDT-SWAP | 0.2016 | 0.0126 | get 0.0063% / 4h | 1h 43m | $717K | $2.9M | 20x |
Binance ARXUSDT
OKX ARX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$44.78
- Price spread: +0.079% → −0.162%
- $24.1
- Slippage, 4 orders
- −$141.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$181.69
- Costs to cover
- 1.610%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 4 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, 12 min ago | 2.48 bp | 38.6 bp −$39 | 434.5 bp −$4,345 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 9.94 bp | 45.0 bp −$45 | 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 | 0.2017 | +0.128% | $1.0M | $429K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2007 | −0.358% | $711K | $669K | 20x | as long as short |
| BloFin ARX-USDT | +0.0121% | 4h | 0.2013 | −0.070% | $237K | $51K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0126% | 4h | 0.2016 | +0.079% | $717K | $2.9M | 20x | |
| Bitget ARXUSDT | +0.0248% | 4h | 0.2016 | +0.089% | $1.9M | $1.7M | 20x | as long as short |
| MEXC ARX_USDT | +0.0332% | 4h | 0.2010 | −0.219% | $863K | $401K | 20x | as long as short |
| Binance ARXUSDTlong | +0.0339% | 4h | 0.2014 | long leg | $5.5M | $11.0M | 20x | |
| BingX ARX-USDT | +0.0370% | 4h | 0.2014 | −0.021% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0374% | 4h | 0.2017 | +0.128% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0609% | 4h | 0.2011 | −0.157% | $101K | $72K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
Bitget ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT