Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.136%
Price spread now: MEXC against Bitget−0.186%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1141.135% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.186%, 7d avg −0.025%
=Funding pays, the price is against you. MEXC is 0.162% cheaper against Bitget than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.025%). If the spread goes back, that is −$16 on $10k: about 45 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARXUSDT | 0.2092 | 0.0100 | pay 0.0050% / 4h | 30m 19s | $2.0M | $1.8M | 20x |
| Short | MEXC ARX_USDT | 0.2088 | 0.0386 | get 0.0193% / 4h | 30m 19s | $906K | $433K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $60.06
- Price spread: −0.186% → −0.025%
- −$16.18
- Slippage, 4 orders
- −$93.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$69.64
- Costs to cover
- 1.135%
- Break-even
- 15.1 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 21 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 | 9.07 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 2.38 bp | 13.4 bp −$13 | 76.1 bp −$761 | 301.5 bp −$30.2K | 745.4 bp −$372.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2098 | +0.292% | $1.1M | $437K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2090 | −0.105% | $731K | $817K | 20x | as long as short |
| Bitget ARXUSDTlong | +0.0100% | 4h | 0.2092 | long leg | $2.0M | $1.8M | 20x | |
| OKX ARX-USDT-SWAP | +0.0140% | 4h | 0.2088 | −0.186% | $742K | $3.3M | 20x | as long as short |
| Bybit ARXUSDT | +0.0156% | 4h | 0.2089 | −0.139% | $4.2M | $2.4M | 20x | as long as short |
| BloFin ARX-USDT | +0.0175% | 4h | 0.2093 | +0.053% | $245K | $43K | 20x | as long as short |
| MEXC ARX_USDTshort | +0.0386% | 4h | 0.2088 | −0.186% | $906K | $433K | 20x | |
| Binance ARXUSDT | +0.0387% | 4h | 0.2087 | −0.234% | $5.6M | $11.6M | 20x | as long as short |
| BingX ARX-USDT | +0.0428% | 4h | 0.2088 | −0.186% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0624% | 4h | 0.2089 | −0.149% | $80K | $96K | 10x | as long as short |
Bitget ARXUSDT
MEXC ARX_USDT
Gate ARX_USDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bybit ARXUSDT
BloFin ARX-USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT