Funding you earn now, next payment 04:00 UTC+0.0718%/8h= +78.6% APRnext payment +$3.59 per $10,000 · paid last 24h +0.041%
Price spread now: BingX against MEXC+0.049%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.049%, 7d avg +0.067%
=The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2044 | 0.0604 | pay 0.0302% / 4h | 2h 28m | $885K | $421K | 20x |
| Short | BingX ARX-USDT | 0.2045 | 0.1322 | get 0.0661% / 4h | 2h 28m | — | $1.7M | — |
MEXC ARX_USDT
BingX ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $150.78
- Price spread: +0.049% → +0.067%
- −$1.83
- Slippage, 4 orders
- −$104.61
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $26.34
- Costs to cover
- 1.226%
- Break-even
- 5.8 days
Slippage from MEXC: live order book, 32 min ago; BingX: live order book, 9 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 MEXC live order book, 32 min ago | 2.51 bp | 19.6 bp −$20 | 71.3 bp −$713 | 272.9 bp −$27.3K | 808.6 bp −$404.3K |
| Sell BingX live order book, 9 min ago | 7.36 bp | 43.2 bp −$43 | 168.9 bp −$1,689 | doesn't fit | doesn't fit |
ARX on 9 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 | 0.2041 | −0.152% | $720K | $776K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2044 | +0.015% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0262% | 4h | 0.2054 | +0.489% | $1.0M | $415K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0579% | 4h | 0.2046 | +0.098% | $746K | $3.0M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0604% | 4h | 0.2044 | long leg | $885K | $421K | 20x | |
| Binance ARXUSDT | +0.0605% | 4h | 0.2045 | +0.046% | $5.5M | $11.2M | 20x | as long as short |
| Aster ARXUSDT | +0.0835% | 4h | 0.2041 | −0.147% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDTshort | +0.1322% | 4h | 0.2045 | +0.049% | — | $1.7M | — | |
| Bybit ARXUSDT | +0.1388% | 4h | 0.2047 | +0.147% | $4.2M | $2.3M | 20x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
OKX ARX-USDT-SWAP
Binance ARXUSDT
Aster ARXUSDT
Bybit ARXUSDT