ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0560%/8h= −61.3% APRnext payment −$2.80 per $10,000 · paid last 24h −0.116%

Price spread now: KuCoin against BingX−0.245%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$577as in the Funding arb table

Net, price: spread back to 7d avg − costs−$548as in the Price arb table

costs, in and out, $10k−$5345.345% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.430%−$43 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.245%, 7d avg −0.109%

Together, before fees−0.396%−$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and KuCoin is 0.135% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.109%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ARX-USDT	0.2003	0.0660	pay 0.0330% / 4h	52m 39s	—	$1.7M	—
Short	KuCoin ARXUSDTM	0.1998	0.0100	get 0.0050% / 4h	52m 39s	$691K	$699K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.245%Rate

Funding earned: −$117.6
Price spread: −0.245% → −0.109%: −$13.54
Slippage, 4 orders: −$512.48
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$665.62
Costs to cover: 5.345%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 11 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	7.47 bp	34.4 bp −$34	130.7 bp −$1,307	1144.3 bp −$114.4K	1426.8 bp −$713.4K
Sell KuCoin live order book, 11 min ago	14.20 bp	249.4 bp −$249	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
OKX ARX-USDT-SWAP	+0.0100%	4h	0.2004	+0.050%	$725K	$2.9M	20x	as long as short
Gate ARX_USDT	+0.0100%	4h	0.2006	+0.150%	$1.0M	$408K	20x	as long as short
KuCoin ARXUSDTMshort	+0.0100%	4h	0.1998	−0.245%	$691K	$699K	20x
MEXC ARX_USDT	+0.0142%	4h	0.2000	−0.150%	$856K	$402K	20x	as long as short
Binance ARXUSDT	+0.0143%	4h	0.2003	0.000%	$5.4M	$11.1M	20x	as long as short
BloFin ARX-USDT	+0.0150%	4h	0.2008	+0.250%	$191K	$51K	20x	as long as short
Bitget ARXUSDT	+0.0188%	4h	0.2002	−0.055%	$1.9M	$1.7M	20x	as long as short
Aster ARXUSDT	+0.0312%	4h	0.2001	−0.111%	$86K	$91K	10x	as long as short
BingX ARX-USDTlong	+0.0660%	4h	0.2003	long leg	—	$1.7M	—
Bybit ARXUSDT	+0.0698%	4h	0.2003	0.000%	$4.0M	$2.3M	20x	as long as short