Settings8H · net · $10k
Funding arb · Price arb /

ARX

all ARX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0194%/8h= −21.3% APRnext payment $0.97 per $10,000 · paid last 24h +0.102%
Price spread now: Gate against BloFin+0.296%7-day average +0.469% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,640as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,687as in the Price arb table
costs, in and out, $10k−$2,67026.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.298%+$30 on $10k
Price spread, last 3 days (all we have)+0.077%+$8 · spread now +0.296%, 7d avg +0.469%
Together, before fees+0.375%+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.173% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.469%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.298%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARX-USDT0.20300.0294pay 0.0147% / 4h2h 39m$238K$51K20x
ShortGate ARX_USDT0.20360.0100get 0.0050% / 4h2h 39m$1.0M$427K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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

Funding earned
−$40.83
Price spread: +0.296% → +0.469%
−$17.32
Slippage, 4 orders
−$2,642.7
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,727.85
Costs to cover
26.697%
Break-even
never at this rate
Slippage from BloFin: live order book, 44 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 44 min ago7.42 bp37.1 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago12.28 bp318.8 bp −$319doesn't fitdoesn't fitdoesn't fit

ARX on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARX_USDTshort+0.0100%4h0.2036+0.296%$1.0M$427K20x
Bitget ARXUSDT+0.0100%4h0.2033+0.128%$1.9M$1.7M20xas long as short
BloFin ARX-USDTlong+0.0294%4h0.2030long leg$238K$51K20x
KuCoin ARXUSDTM+0.0324%4h0.2031+0.030%$734K$649K20xas long as short
OKX ARX-USDT-SWAP+0.0335%4h0.2031+0.049%$726K$2.9M20xas long as short
Bybit ARXUSDT+0.0507%4h0.2033+0.148%$4.0M$2.3M20xas long as short
Binance ARXUSDT+0.0557%4h0.2031+0.049%$5.5M$10.9M20xas long as short
MEXC ARX_USDT+0.0560%4h0.20300.000%$872K$398K20xas long as short
BingX ARX-USDT+0.0576%4h0.2031+0.049%$1.7Mas long as short
Aster ARXUSDT+0.0904%4h0.20300.000%$102K$72K10xas long as short