Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.106%
Price spread now: OKX against Gate−0.197%7-day average −0.491% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,756as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,696as in the Price arb table
costs, in and out, $10k−$2,72527.254% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.197%, 7d avg −0.491%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.295% dearer against Gate than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.491%. Mind the row above: over the last 7 days funding on this pair cost −0.304%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARX_USDT | 0.2035 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $1.0M | $428K | 20x |
| Short | OKX ARX-USDT-SWAP | 0.2031 | 0.0340 | get 0.0170% / 4h | 2h 38m | $727K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $50.45
- Price spread: −0.197% → −0.491%
- $29.49
- Slippage, 4 orders
- −$2,700.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$2,645.47
- Costs to cover
- 27.254%
- Break-even
- 374.1 days
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 4 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 | 12.28 bp | 2290.2 bp −$2,290 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.92 bp | 52.6 bp −$53 | 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_USDTlong | +0.0100% | 4h | 0.2035 | long leg | $1.0M | $428K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2032 | −0.147% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0294% | 4h | 0.2030 | −0.246% | $238K | $51K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0320% | 4h | 0.2030 | −0.231% | $733K | $649K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0340% | 4h | 0.2031 | −0.197% | $727K | $2.9M | 20x | |
| Bybit ARXUSDT | +0.0509% | 4h | 0.2032 | −0.147% | $4.0M | $2.3M | 20x | as long as short |
| MEXC ARX_USDT | +0.0556% | 4h | 0.2029 | −0.295% | $871K | $398K | 20x | as long as short |
| Binance ARXUSDT | +0.0557% | 4h | 0.2031 | −0.205% | $5.5M | $10.9M | 20x | as long as short |
| BingX ARX-USDT | +0.0576% | 4h | 0.2033 | −0.098% | — | $1.6M | — | as long as short |
| Aster ARXUSDT | +0.0905% | 4h | 0.2030 | −0.246% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
OKX ARX-USDT-SWAP
Bitget ARXUSDT
BloFin ARX-USDT
KuCoin ARXUSDTM
Bybit ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT