ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.082%

Price spread now: OKX against MEXC+0.048%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1511.514% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.419%−$42 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.048%, 7d avg −0.027%

Together, before fees−0.578%−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.075% dearer against MEXC than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.027%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.419% in total) that is about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARX_USDT	0.2103	0.0528	pay 0.0264% / 4h	1h 34m	$938K	$432K	20x
Short	OKX ARX-USDT-SWAP	0.2104	0.0509	get 0.0254% / 4h	1h 34m	$759K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$4.05
Price spread: +0.048% → −0.027%: $7.47
Slippage, 4 orders: −$133.4
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$147.98
Costs to cover: 1.514%
Break-even: never at this rate

Slippage from MEXC: live order book, 21 min ago; OKX: live order book, 3 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, 21 min ago	2.42 bp	14.5 bp −$15	66.7 bp −$667	271.3 bp −$27.1K	798.5 bp −$399.2K
Sell OKX live order book, 3 min ago	4.74 bp	51.8 bp −$52	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
KuCoin ARXUSDTM	+0.0100%	4h	0.2101	−0.105%	$734K	$807K	20x	as long as short
Bitget ARXUSDT	+0.0100%	4h	0.2101	−0.081%	$2.0M	$1.7M	20x	as long as short
Gate ARX_USDT	+0.0152%	4h	0.2111	+0.380%	$1.1M	$436K	20x	as long as short
OKX ARX-USDT-SWAPshort	+0.0509%	4h	0.2104	+0.048%	$759K	$3.3M	20x
MEXC ARX_USDTlong	+0.0528%	4h	0.2103	long leg	$938K	$432K	20x
Binance ARXUSDT	+0.0529%	4h	0.2104	+0.042%	$5.6M	$11.5M	20x	as long as short
BloFin ARX-USDT	+0.0563%	4h	0.2107	+0.190%	$246K	$49K	20x	as long as short
Bybit ARXUSDT	+0.0754%	4h	0.2103	0.000%	$4.3M	$2.4M	20x	as long as short
BingX ARX-USDT	+0.0832%	4h	0.2104	+0.048%	—	$1.7M	—	as long as short
Aster ARXUSDT	+0.0837%	4h	0.2099	−0.199%	$80K	$96K	10x	as long as short