Funding you earn now, next payment 00:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against BingX+0.009%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.009%, 7d avg −0.014%
=The price spread pays, funding is against you. Binance is 0.024% dearer against BingX than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.014%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.029% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2007 | 0.0488 | pay 0.0244% / 4h | 10m 45s | — | $1.7M | — |
| Short | Binance ARXUSDT | 0.2007 | 0.0352 | get 0.0176% / 4h | 10m 45s | $5.4M | $11.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$28.49
- Price spread: +0.009% → −0.014%
- $2.39
- Slippage, 4 orders
- −$140.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$186.12
- Costs to cover
- 1.600%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 14 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 BingX live order book, 7 min ago | 12.47 bp | 44.8 bp −$45 | 165.6 bp −$1,656 | 1079.7 bp −$108.0K | 1331.5 bp −$665.7K |
| Sell Binance live order book, 14 min ago | 2.49 bp | 43.6 bp −$44 | 207.3 bp −$2,073 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2004 | −0.135% | $698K | $723K | 20x | as long as short |
| Gate ARX_USDT | +0.0194% | 4h | 0.2017 | +0.498% | $1.0M | $420K | 20x | as long as short |
| MEXC ARX_USDT | +0.0322% | 4h | 0.2005 | −0.100% | $856K | $406K | 20x | as long as short |
| Binance ARXUSDTshort | +0.0352% | 4h | 0.2007 | +0.009% | $5.4M | $11.2M | 20x | |
| Bitget ARXUSDT | +0.0364% | 4h | 0.2006 | −0.060% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0372% | 4h | 0.2003 | −0.199% | $236K | $55K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0396% | 4h | 0.2006 | −0.050% | $722K | $3.0M | 20x | as long as short |
| BingX ARX-USDTlong | +0.0488% | 4h | 0.2007 | long leg | — | $1.7M | — | |
| Aster ARXUSDT | +0.0521% | 4h | 0.2009 | +0.097% | $83K | $94K | 10x | as long as short |
| Bybit ARXUSDT | +0.0532% | 4h | 0.2007 | 0.000% | $4.0M | $2.3M | 20x | as long as short |
BingX ARX-USDT
Binance ARXUSDT
KuCoin ARXUSDTM
Gate ARX_USDT
MEXC ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Aster ARXUSDT
Bybit ARXUSDT