Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against MEXC0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$513as in the Price arb table
costs, in and out, $10k−$5125.123% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now 0.000%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2028 | 0.0582 | pay 0.0291% / 4h | 2h 47m | $871K | $397K | 20x |
| Short | Bybit ARXUSDT | 0.2028 | 0.0537 | get 0.0269% / 4h | 2h 47m | $4.0M | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$9.42
- Price spread: 0.000% → +0.005%
- −$0.52
- Slippage, 4 orders
- −$493.35
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$522.29
- Costs to cover
- 5.123%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 37 min ago; Bybit: live order book, just now.
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, 37 min ago | 2.47 bp | 19.3 bp −$19 | 86.4 bp −$864 | 284.2 bp −$28.4K | 827.9 bp −$413.9K |
| Sell Bybit live order book, just now | 2.47 bp | 207.1 bp −$207 | 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_USDT | +0.0100% | 4h | 0.2029 | +0.049% | $1.0M | $427K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2027 | −0.030% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0345% | 4h | 0.2029 | +0.049% | $238K | $51K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0360% | 4h | 0.2028 | 0.000% | $720K | $2.9M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0374% | 4h | 0.2024 | −0.207% | $735K | $649K | 20x | as long as short |
| Bybit ARXUSDTshort | +0.0537% | 4h | 0.2028 | 0.000% | $4.0M | $2.3M | 20x | |
| BingX ARX-USDT | +0.0540% | 4h | 0.2028 | 0.000% | — | $1.6M | — | as long as short |
| MEXC ARX_USDTlong | +0.0582% | 4h | 0.2028 | long leg | $871K | $397K | 20x | |
| Binance ARXUSDT | +0.0583% | 4h | 0.2028 | 0.000% | $5.5M | $10.9M | 20x | as long as short |
| Aster ARXUSDT | +0.0933% | 4h | 0.2030 | +0.099% | $102K | $72K | 10x | as long as short |
MEXC ARX_USDT
Bybit ARXUSDT
Gate ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
KuCoin ARXUSDTM
BingX ARX-USDT
Binance ARXUSDT
Aster ARXUSDT