Funding you earn now, next payment 00:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.86 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Bitget+0.100%65s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.192%−$19 · spread now +0.100%, 7d avg −0.031%
=The price spread pays, funding is against you. BloFin is 0.131% dearer against Bitget than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.031%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.026% in total) that is about 35 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARXUSDT | 0.2010 | 0.0266 | pay 0.0133% / 4h | 1h 40m | $1.9M | $1.7M | 20x |
| Short | BloFin ARX-USDT | 0.2012 | 0.0094 | get 0.0047% / 4h | 1h 40m | $237K | $51K | 20x |
Bitget ARXUSDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$36.03
- Price spread: +0.100% → −0.031%
- $13.08
- Slippage, 4 orders
- −$123.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$170.11
- Costs to cover
- 1.472%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 36 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 Bitget live order book, 2 min ago | 8.42 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.93 bp | 27.2 bp −$27 | 158.9 bp −$1,589 | 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 | +0.0094% | 4h | 0.2012 | +0.100% | $237K | $51K | 20x | |
| Gate ARX_USDT | +0.0100% | 4h | 0.2018 | +0.398% | $1.0M | $429K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2004 | −0.303% | $706K | $671K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0141% | 4h | 0.2009 | −0.050% | $716K | $2.9M | 20x | as long as short |
| Bitget ARXUSDTlong | +0.0266% | 4h | 0.2010 | long leg | $1.9M | $1.7M | 20x | |
| BingX ARX-USDT | +0.0332% | 4h | 0.2009 | −0.050% | — | $1.7M | — | as long as short |
| MEXC ARX_USDT | +0.0352% | 4h | 0.2008 | −0.100% | $862K | $401K | 20x | as long as short |
| Binance ARXUSDT | +0.0362% | 4h | 0.2008 | −0.100% | $5.5M | $11.0M | 20x | as long as short |
| Bybit ARXUSDT | +0.0507% | 4h | 0.2010 | 0.000% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0634% | 4h | 0.2014 | +0.198% | $101K | $72K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
BingX ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
Bybit ARXUSDT
Aster ARXUSDT