Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.040%
Price spread now: MEXC against BingX+0.100%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.100%, 7d avg −0.065%
=The price spread pays, funding is against you. MEXC is 0.165% dearer against BingX than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.065%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.036% in total) that is about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2009 | 0.0522 | pay 0.0261% / 4h | 7m 10s | — | $1.7M | — |
| Short | MEXC ARX_USDT | 0.2011 | 0.0398 | get 0.0199% / 4h | 7m 10s | $858K | $413K | 20x |
BingX ARX-USDT
MEXC ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$26.04
- Price spread: +0.100% → −0.065%
- $16.47
- Slippage, 4 orders
- −$97.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$124.64
- Costs to cover
- 1.151%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 63 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, 10 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 MEXC live order book, 63 min ago | 2.47 bp | 18.5 bp −$19 | 121.2 bp −$1,212 | 324.1 bp −$32.4K | 896.5 bp −$448.3K |
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 | 0.2008 | −0.050% | $702K | $727K | 20x | as long as short |
| Gate ARX_USDT | +0.0218% | 4h | 0.2020 | +0.548% | $1.0M | $420K | 20x | as long as short |
| Bitget ARXUSDT | +0.0386% | 4h | 0.2010 | +0.050% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0386% | 4h | 0.2009 | 0.000% | $236K | $56K | 20x | as long as short |
| MEXC ARX_USDTshort | +0.0398% | 4h | 0.2011 | +0.100% | $858K | $413K | 20x | |
| Binance ARXUSDT | +0.0398% | 4h | 0.2011 | +0.098% | $5.4M | $11.2M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0435% | 4h | 0.2011 | +0.100% | $724K | $3.0M | 20x | as long as short |
| BingX ARX-USDTlong | +0.0522% | 4h | 0.2009 | long leg | — | $1.7M | — | |
| Bybit ARXUSDT | +0.0552% | 4h | 0.2011 | +0.100% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0577% | 4h | 0.2012 | +0.143% | $83K | $94K | 10x | as long as short |
KuCoin ARXUSDTM
Gate ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Aster ARXUSDT