Funding you earn now, next payment 00:00 UTC−0.0237%/8h= −25.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.083%
Price spread now: BloFin against MEXC−0.198%94s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1061.055% of the position
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.198%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.191% cheaper against MEXC than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.007%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2021 | 0.0514 | pay 0.0257% / 4h | 2h 27m | $882K | $400K | 20x |
| Short | BloFin ARX-USDT | 0.2017 | 0.0277 | get 0.0139% / 4h | 2h 27m | $238K | $51K | 20x |
MEXC ARX_USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$49.68
- Price spread: −0.198% → −0.007%
- −$19.13
- Slippage, 4 orders
- −$85.55
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$174.36
- Costs to cover
- 1.055%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; BloFin: live order book, 55 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, 56 min ago | 2.47 bp | 19.3 bp −$19 | 86.4 bp −$864 | 284.2 bp −$28.4K | 827.9 bp −$413.9K |
| Sell BloFin live order book, 55 min ago | 7.42 bp | 23.6 bp −$24 | 172.0 bp −$1,720 | 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_USDT | +0.0100% | 4h | 0.2026 | +0.247% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2021 | −0.010% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0258% | 4h | 0.2020 | −0.045% | $729K | $651K | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0277% | 4h | 0.2017 | −0.198% | $238K | $51K | 20x | |
| OKX ARX-USDT-SWAP | +0.0282% | 4h | 0.2021 | 0.000% | $717K | $2.9M | 20x | as long as short |
| Binance ARXUSDT | +0.0504% | 4h | 0.2022 | +0.056% | $5.5M | $10.9M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0514% | 4h | 0.2021 | long leg | $882K | $400K | 20x | |
| BingX ARX-USDT | +0.0527% | 4h | 0.2022 | +0.049% | — | $1.6M | — | as long as short |
| Bybit ARXUSDT | +0.0529% | 4h | 0.2021 | 0.000% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0842% | 4h | 0.2021 | +0.024% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Binance ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT