Funding you earn now, next payment 12:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.108%
Price spread now: KuCoin against MEXC−0.113%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$578as in the Funding arb table
Net, price: spread back to 7d avg − costs−$539as in the Price arb table
costs, in and out, $10k−$5345.336% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.113%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.054% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2211 | 0.0358 | pay 0.0179% / 4h | 3h 02m | $884K | $478K | 20x |
| Short | KuCoin ARXUSDTM | 0.2208 | 0.0100 | get 0.0050% / 4h | 3h 02m | $775K | $977K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$54.18
- Price spread: −0.113% → −0.059%
- −$5.44
- Slippage, 4 orders
- −$513.63
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$593.25
- Costs to cover
- 5.336%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 18 min ago; KuCoin: live order book, 52 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, 18 min ago | 2.28 bp | 18.9 bp −$19 | 62.8 bp −$628 | 283.8 bp −$28.4K | 777.4 bp −$388.7K |
| Sell KuCoin live order book, 52 min ago | 12.23 bp | 239.6 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARXUSDT | +0.0100% | 4h | 0.2211 | 0.000% | $4.4M | $3.0M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2208 | −0.136% | $792K | $3.9M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2226 | +0.678% | $1.1M | $492K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.2208 | −0.113% | $775K | $977K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2212 | +0.032% | $2.1M | $1.9M | 20x | as long as short |
| BloFin ARX-USDT | +0.0152% | 4h | 0.2206 | −0.226% | $253K | $52K | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0358% | 4h | 0.2211 | long leg | $884K | $478K | 20x | |
| Binance ARXUSDT | +0.0358% | 4h | 0.2211 | −0.010% | $5.8M | $12.8M | 20x | as long as short |
| BingX ARX-USDT | +0.0382% | 4h | 0.2210 | −0.045% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0641% | 4h | 0.2208 | −0.154% | $84K | $111K | 10x | as long as short |
MEXC ARX_USDT
KuCoin ARXUSDTM
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT