Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.100%
Price spread now: BloFin against BingX0.000%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1701.703% of the position
Funding, last 7 days−0.466%−$47 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now 0.000%, 7d avg −0.048%
=The price spread pays, funding is against you. BloFin is 0.048% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.048%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.466% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2157 | 0.0130 | pay 0.0065% / 4h | 1h 42m | — | $1.7M | — |
| Short | BloFin ARX-USDT | 0.2157 | 0.0099 | get 0.0050% / 4h | 1h 42m | $244K | $44K | 20x |
BingX ARX-USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$6.51
- Price spread: 0.000% → −0.048%
- $4.82
- Slippage, 4 orders
- −$148.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$172.02
- Costs to cover
- 1.703%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 34 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, 5 min ago | 11.61 bp | 45.4 bp −$45 | 209.8 bp −$2,098 | 1060.9 bp −$106.1K | 1316.7 bp −$658.4K |
| Sell BloFin live order book, 34 min ago | 4.76 bp | 49.8 bp −$50 | 227.9 bp −$2,279 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDTshort | +0.0099% | 4h | 0.2157 | 0.000% | $244K | $44K | 20x | |
| Bybit ARXUSDT | +0.0100% | 4h | 0.2158 | +0.046% | $4.3M | $2.6M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2156 | −0.046% | $752K | $3.5M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2167 | +0.464% | $1.1M | $453K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2154 | −0.121% | $749K | $851K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2157 | −0.019% | $2.1M | $1.8M | 20x | as long as short |
| MEXC ARX_USDT | +0.0130% | 4h | 0.2157 | 0.000% | $903K | $433K | 20x | as long as short |
| BingX ARX-USDTlong | +0.0130% | 4h | 0.2157 | long leg | — | $1.7M | — | |
| Binance ARXUSDT | +0.0141% | 4h | 0.2159 | +0.093% | $5.7M | $11.9M | 20x | as long as short |
| Aster ARXUSDT | +0.0414% | 4h | 0.2155 | −0.075% | $82K | $100K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT