Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.8% APRnext payment +$0.77 per $10,000 · paid last 24h −0.053%
Price spread now: Bitget against BloFin+0.010%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1401.395% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now +0.010%, 7d avg +0.031%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.031%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.026% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARX-USDT | 0.2010 | 0.0090 | pay 0.0045% / 4h | 1h 51m | $236K | $51K | 20x |
| Short | Bitget ARXUSDT | 0.2010 | 0.0244 | get 0.0122% / 4h | 1h 51m | $1.9M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $32.27
- Price spread: +0.010% → +0.031%
- −$2.13
- Slippage, 4 orders
- −$115.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.37
- Costs to cover
- 1.395%
- Break-even
- 30.7 days
Slippage from BloFin: live order book, 25 min ago; Bitget: 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 BloFin live order book, 25 min ago | 4.93 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.71 bp | 47.5 bp −$47 | 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-USDTlong | +0.0090% | 4h | 0.2010 | long leg | $236K | $51K | 20x | |
| Gate ARX_USDT | +0.0100% | 4h | 0.2019 | +0.448% | $1.0M | $428K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2009 | −0.075% | $725K | $652K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0133% | 4h | 0.2011 | +0.050% | $715K | $2.9M | 20x | as long as short |
| Bybit ARXUSDT | +0.0214% | 4h | 0.2012 | +0.100% | $4.0M | $2.3M | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0244% | 4h | 0.2010 | +0.010% | $1.9M | $1.7M | 20x | |
| Binance ARXUSDT | +0.0380% | 4h | 0.2008 | −0.110% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0388% | 4h | 0.2008 | −0.100% | $862K | $400K | 20x | as long as short |
| BingX ARX-USDT | +0.0390% | 4h | 0.2009 | −0.050% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0670% | 4h | 0.2012 | +0.078% | $101K | $72K | 10x | as long as short |
BloFin ARX-USDT
Bitget ARXUSDT
Gate ARX_USDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT