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

ARX

all ARX markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.359%−$36 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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARX_USDT0.20350.0100pay 0.0050% / 4h2h 38m$1.0M$428K20x
ShortOKX ARX-USDT-SWAP0.20310.0340get 0.0170% / 4h2h 38m$727K$2.9M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago12.28 bp2290.2 bp −$2,290doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago4.92 bp52.6 bp −$53doesn'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_USDTlong+0.0100%4h0.2035long leg$1.0M$428K20x
Bitget ARXUSDT+0.0100%4h0.2032−0.147%$1.9M$1.7M20xas long as short
BloFin ARX-USDT+0.0294%4h0.2030−0.246%$238K$51K20xas long as short
KuCoin ARXUSDTM+0.0320%4h0.2030−0.231%$733K$649K20xas long as short
OKX ARX-USDT-SWAPshort+0.0340%4h0.2031−0.197%$727K$2.9M20x
Bybit ARXUSDT+0.0509%4h0.2032−0.147%$4.0M$2.3M20xas long as short
MEXC ARX_USDT+0.0556%4h0.2029−0.295%$871K$398K20xas long as short
Binance ARXUSDT+0.0557%4h0.2031−0.205%$5.5M$10.9M20xas long as short
BingX ARX-USDT+0.0576%4h0.2033−0.098%$1.6Mas long as short
Aster ARXUSDT+0.0905%4h0.2030−0.246%$102K$72K10xas long as short