Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.7% APRnext payment +$0.53 per $10,000 · paid last 24h +0.085%
Price spread now: Binance against BloFin−0.199%91s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$1101.103% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 3 days (all we have)+0.363%+$36 · spread now −0.199%, 7d avg +0.041%
=Funding pays, the price is against you. Binance is 0.240% cheaper against BloFin than usual: you would sell low and buy high (spread −0.199% now, against its 7-day average of +0.041%). If the spread goes back, that is −$24 on $10k: about 7.5 days of funding at the current rate (+$3 a day). The two prices were read 91 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 | BloFin ARX-USDT | 0.2015 | 0.0050 | pay 0.0025% / 4h | 57m 42s | $237K | $51K | 20x |
| Short | Binance ARXUSDT | 0.2011 | 0.0156 | get 0.0078% / 4h | 57m 42s | $5.4M | $11.1M | 20x |
BloFin ARX-USDT
Binance ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $22.35
- Price spread: −0.199% → +0.041%
- −$23.95
- Slippage, 4 orders
- −$88.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.92
- Costs to cover
- 1.103%
- Break-even
- 42.0 days
Slippage from BloFin: live order book, 13 min ago; Binance: live order book, 12 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 BloFin live order book, 13 min ago | 7.41 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.47 bp | 36.8 bp −$37 | 281.1 bp −$2,811 | 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-USDTlong | +0.0050% | 4h | 0.2015 | long leg | $237K | $51K | 20x | |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2014 | −0.050% | $732K | $2.9M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2018 | +0.149% | $1.0M | $408K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2007 | −0.382% | $695K | $698K | 20x | as long as short |
| Binance ARXUSDTshort | +0.0156% | 4h | 0.2011 | −0.199% | $5.4M | $11.1M | 20x | |
| MEXC ARX_USDT | +0.0164% | 4h | 0.2008 | −0.347% | $859K | $401K | 20x | as long as short |
| Bitget ARXUSDT | +0.0192% | 4h | 0.2012 | −0.149% | $1.9M | $1.7M | 20x | as long as short |
| Aster ARXUSDT | +0.0333% | 4h | 0.2010 | −0.270% | $86K | $91K | 10x | as long as short |
| BingX ARX-USDT | +0.0652% | 4h | 0.2010 | −0.248% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0697% | 4h | 0.2012 | −0.149% | $4.0M | $2.3M | 20x | as long as short |
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
MEXC ARX_USDT
Bitget ARXUSDT
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT