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

ARX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0247%/8h= +27.1% APRnext payment +$1.24 per $10,000 · paid last 24h −0.048%
Price spread now: BloFin against Gate−0.332%7-day average −0.461% · you buy dearer than you sell
Net, funding: paid 7d − costs−$951as in the Funding arb table
Net, price: spread back to 7d avg − costs−$910as in the Price arb table
costs, in and out, $10k−$9239.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.288%−$29 on $10k
Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.332%, 7d avg −0.461%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.129% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.461%. Mind the row above: over the last 7 days funding on this pair cost −0.288%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARX_USDT0.21070.0100pay 0.0050% / 4h53m 20s$1.1M$436K20x
ShortBloFin ARX-USDT0.21000.0347get 0.0174% / 4h53m 20s$246K$50K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$51.92
Price spread: −0.332% → −0.461%
$12.91
Slippage, 4 orders
−$895.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$857.8
Costs to cover
9.226%
Break-even
122.7 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 45 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 Gate live order book, 4 min ago7.11 bp421.5 bp −$422doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago4.75 bp44.1 bp −$44247.9 bp −$2,479doesn'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_USDTlong+0.0100%4h0.2107long leg$1.1M$436K20x
KuCoin ARXUSDTM+0.0100%4h0.2097−0.498%$737K$814K20xas long as short
Bitget ARXUSDT+0.0100%4h0.2100−0.323%$2.0M$1.8M20xas long as short
OKX ARX-USDT-SWAP+0.0312%4h0.2099−0.380%$749K$3.3M20xas long as short
Bybit ARXUSDT+0.0322%4h0.2101−0.285%$4.3M$2.4M20xas long as short
BloFin ARX-USDTshort+0.0347%4h0.2100−0.332%$246K$50K20x
MEXC ARX_USDT+0.0530%4h0.2097−0.475%$930K$429K20xas long as short
Binance ARXUSDT+0.0530%4h0.2099−0.378%$5.6M$11.6M20xas long as short
BingX ARX-USDT+0.0532%4h0.2101−0.285%$1.6Mas long as short
Aster ARXUSDT+0.0800%4h0.2095−0.570%$80K$96K10xas long as short