Funding you earn now, next payment 04:00 UTC+0.0751%/8h= +82.3% APRnext payment +$3.76 per $10,000 · paid last 24h +0.119%
Price spread now: BingX against BloFin+0.099%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
Funding, last 7 days+0.454%+$45 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now +0.099%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.454% in total (about 23.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARX-USDT | 0.2016 | 0.0435 | pay 0.0217% / 4h | 3h 16m | $235K | $48K | 20x |
| Short | BingX ARX-USDT | 0.2018 | 0.1186 | get 0.0593% / 4h | 3h 16m | — | $1.7M | — |
BloFin ARX-USDT
BingX ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $157.8
- Price spread: +0.099% → +0.071%
- $2.83
- Slippage, 4 orders
- −$113.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $25.58
- Costs to cover
- 1.350%
- Break-even
- 5.9 days
Slippage from BloFin: live order book, 49 min ago; BingX: live order book, 15 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, 49 min ago | 2.48 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 9.93 bp | 42.3 bp −$42 | 150.4 bp −$1,504 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2023 | +0.347% | $1.0M | $414K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2011 | −0.268% | $710K | $747K | 20x | as long as short |
| Bitget ARXUSDT | +0.0166% | 4h | 0.2016 | +0.020% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDTlong | +0.0435% | 4h | 0.2016 | long leg | $235K | $48K | 20x | |
| OKX ARX-USDT-SWAP | +0.0458% | 4h | 0.2017 | +0.050% | $729K | $3.0M | 20x | as long as short |
| Binance ARXUSDT | +0.0562% | 4h | 0.2017 | +0.050% | $5.4M | $11.2M | 20x | as long as short |
| MEXC ARX_USDT | +0.0568% | 4h | 0.2013 | −0.149% | $876K | $419K | 20x | as long as short |
| Aster ARXUSDT | +0.0739% | 4h | 0.2011 | −0.248% | $80K | $100K | 10x | as long as short |
| BingX ARX-USDTshort | +0.1186% | 4h | 0.2018 | +0.099% | — | $1.7M | — | |
| Bybit ARXUSDT | +0.1249% | 4h | 0.2020 | +0.198% | $4.1M | $2.3M | 20x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
OKX ARX-USDT-SWAP
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT
Bybit ARXUSDT