ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h +0.049%

Price spread now: OKX against Bitget−0.055%7-day average −0.121% · you buy dearer than you sell

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1711.710% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days−0.059%−$6 · spread now −0.055%, 7d avg −0.121%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.066% dearer against Bitget than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.121%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.032% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARXUSDT	0.2011	0.0240	pay 0.0120% / 4h	1h 50m	$1.9M	$1.7M	20x
Short	OKX ARX-USDT-SWAP	0.2010	0.0126	get 0.0063% / 4h	1h 50m	$715K	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$23.95
Price spread: −0.055% → −0.121%: $6.64
Slippage, 4 orders: −$149.01
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$188.33
Costs to cover: 1.710%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago	5.71 bp	33.9 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	7.45 bp	49.5 bp −$50	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
BloFin ARX-USDT	+0.0090%	4h	0.2010	−0.055%	$236K	$51K	20x	as long as short
Gate ARX_USDT	+0.0100%	4h	0.2017	+0.293%	$1.0M	$428K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.2009	−0.124%	$725K	$661K	20x	as long as short
OKX ARX-USDT-SWAPshort	+0.0126%	4h	0.2010	−0.055%	$715K	$2.9M	20x
Bybit ARXUSDT	+0.0195%	4h	0.2011	−0.005%	$4.0M	$2.3M	20x	as long as short
Bitget ARXUSDTlong	+0.0240%	4h	0.2011	long leg	$1.9M	$1.7M	20x
Binance ARXUSDT	+0.0369%	4h	0.2008	−0.147%	$5.5M	$11.0M	20x	as long as short
MEXC ARX_USDT	+0.0380%	4h	0.2008	−0.154%	$862K	$400K	20x	as long as short
BingX ARX-USDT	+0.0390%	4h	0.2009	−0.104%	—	$1.7M	—	as long as short
Aster ARXUSDT	+0.0658%	4h	0.2011	−0.027%	$101K	$72K	10x	as long as short