ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0476%/8h= −52.1% APRnext payment −$2.38 per $10,000 · paid last 24h −0.123%

Price spread now: OKX against BingX+0.048%7-day average −0.171% · you sell dearer than you buy

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$2052.048% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.457%−$46 on $10k

Price spread, last 7 days−0.251%−$25 · spread now +0.048%, 7d avg −0.171%

Together, before fees−0.708%−$71 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.218% dearer against BingX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.171%): +$22 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.457% in total) that is about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ARX-USDT	0.2097	0.1062	pay 0.0531% / 4h	1h 42m	—	$1.7M	—
Short	OKX ARX-USDT-SWAP	0.2098	0.0586	get 0.0293% / 4h	1h 42m	$763K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$99.91
Price spread: +0.048% → −0.171%: $21.82
Slippage, 4 orders: −$184.8
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$282.89
Costs to cover: 2.048%
Break-even: never at this rate

Slippage from BingX: live order book, 4 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 BingX live order book, 4 min ago	9.52 bp	41.3 bp −$41	185.5 bp −$1,855	1076.4 bp −$107.6K	1343.5 bp −$671.7K
Sell OKX live order book, 4 min ago	9.55 bp	58.8 bp −$59	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
KuCoin ARXUSDTM	+0.0100%	4h	0.2095	−0.086%	$732K	$800K	20x	as long as short
Bitget ARXUSDT	+0.0100%	4h	0.2095	−0.105%	$2.0M	$1.7M	20x	as long as short
Gate ARX_USDT	+0.0208%	4h	0.2106	+0.429%	$1.1M	$431K	20x	as long as short
Binance ARXUSDT	+0.0541%	4h	0.2097	0.000%	$5.6M	$11.4M	20x	as long as short
BloFin ARX-USDT	+0.0549%	4h	0.2105	+0.381%	$242K	$49K	20x	as long as short
MEXC ARX_USDT	+0.0550%	4h	0.2097	0.000%	$946K	$430K	20x	as long as short
OKX ARX-USDT-SWAPshort	+0.0586%	4h	0.2098	+0.048%	$763K	$3.3M	20x
Aster ARXUSDT	+0.0836%	4h	0.2097	−0.013%	$80K	$96K	10x	as long as short
Bybit ARXUSDT	+0.0978%	4h	0.2096	−0.048%	$4.3M	$2.4M	20x	as long as short
BingX ARX-USDTlong	+0.1062%	4h	0.2097	long leg	—	$1.7M	—