Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against BloFin+0.248%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1751.753% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.302%−$30 · spread now +0.248%, 7d avg −0.025%
=The price spread pays, funding is against you. OKX is 0.273% dearer against BloFin than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of −0.025%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days. At the pace of the last 7 days (−0.005% in total) that is about 12 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARX-USDT | 0.2017 | 0.0311 | pay 0.0155% / 4h | 2h 27m | $238K | $51K | 20x |
| Short | OKX ARX-USDT-SWAP | 0.2022 | 0.0275 | get 0.0137% / 4h | 2h 27m | $718K | $2.9M | 20x |
BloFin ARX-USDT
OKX ARX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$7.5
- Price spread: +0.248% → −0.025%
- $27.34
- Slippage, 4 orders
- −$153.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$155.48
- Costs to cover
- 1.753%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; OKX: live order book, 5 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, 56 min ago | 7.42 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.95 bp | 66.3 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2027 | +0.496% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2021 | +0.188% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0258% | 4h | 0.2020 | +0.169% | $729K | $651K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0275% | 4h | 0.2022 | +0.248% | $718K | $2.9M | 20x | |
| BloFin ARX-USDTlong | +0.0311% | 4h | 0.2017 | long leg | $238K | $51K | 20x | |
| Binance ARXUSDT | +0.0504% | 4h | 0.2022 | +0.266% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0514% | 4h | 0.2021 | +0.198% | $882K | $400K | 20x | as long as short |
| BingX ARX-USDT | +0.0526% | 4h | 0.2023 | +0.297% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0529% | 4h | 0.2021 | +0.198% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0842% | 4h | 0.2022 | +0.253% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT