Funding you earn now, next payment 00:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against Gate−0.544%7-day average −0.451% · you buy dearer than you sell
Net, funding: paid 7d − costs−$565as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5765.764% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.544%, 7d avg −0.451%
=Funding pays, the price is against you. MEXC is 0.093% cheaper against Gate than usual: you would sell low and buy high (spread −0.544% now, against its 7-day average of −0.451%). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.114% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARX_USDT | 0.2021 | 0.0204 | pay 0.0102% / 4h | 8m 24s | $1.0M | $420K | 20x |
| Short | MEXC ARX_USDT | 0.2010 | 0.0368 | get 0.0184% / 4h | 8m 24s | $887K | $410K | 20x |
Gate ARX_USDT
MEXC ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $34.44
- Price spread: −0.544% → −0.451%
- −$9.31
- Slippage, 4 orders
- −$553.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$551.31
- Costs to cover
- 5.764%
- Break-even
- 119.1 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 62 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 Gate live order book, 3 min ago | 9.91 bp | 270.8 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 2.47 bp | 18.5 bp −$19 | 121.2 bp −$1,212 | 324.1 bp −$32.4K | 896.5 bp −$448.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2007 | −0.703% | $699K | $725K | 20x | as long as short |
| Gate ARX_USDTlong | +0.0204% | 4h | 0.2021 | long leg | $1.0M | $420K | 20x | |
| MEXC ARX_USDTshort | +0.0368% | 4h | 0.2010 | −0.544% | $887K | $410K | 20x | |
| Bitget ARXUSDT | +0.0386% | 4h | 0.2010 | −0.549% | $1.9M | $1.7M | 20x | as long as short |
| Binance ARXUSDT | +0.0398% | 4h | 0.2012 | −0.445% | $5.4M | $11.2M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0429% | 4h | 0.2009 | −0.594% | $723K | $3.0M | 20x | as long as short |
| BloFin ARX-USDT | +0.0430% | 4h | 0.2013 | −0.396% | $237K | $56K | 20x | as long as short |
| BingX ARX-USDT | +0.0488% | 4h | 0.2009 | −0.594% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0547% | 4h | 0.2010 | −0.544% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0559% | 4h | 0.2012 | −0.443% | $83K | $94K | 10x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
BloFin ARX-USDT
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT