Funding you earn now, next payment 00:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.93 per $10,000 · paid last 24h +0.127%
Price spread now: BingX against OKX0.000%7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1931.935% of the position
Funding, last 7 days+0.454%+$45 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now 0.000%, 7d avg +0.177%
=Funding pays, the price is against you. BingX is 0.177% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.177%). If the spread goes back, that is −$18 on $10k: about 3.2 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2028 | 0.0353 | pay 0.0177% / 4h | 2h 46m | $720K | $2.9M | 20x |
| Short | BingX ARX-USDT | 0.2028 | 0.0540 | get 0.0270% / 4h | 2h 46m | — | $1.6M | — |
OKX ARX-USDT-SWAP
BingX ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $39.25
- Price spread: 0.000% → +0.177%
- −$17.74
- Slippage, 4 orders
- −$173.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$171.97
- Costs to cover
- 1.935%
- Break-even
- 37.7 days
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 16 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 OKX live order book, 5 min ago | 4.93 bp | 56.0 bp −$56 | 3504.5 bp −$35.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 9.89 bp | 47.6 bp −$48 | 166.9 bp −$1,669 | 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-SWAPlong | +0.0353% | 4h | 0.2028 | long leg | $720K | $2.9M | 20x | |
| KuCoin ARXUSDTM | +0.0368% | 4h | 0.2024 | −0.207% | $735K | $649K | 20x | as long as short |
| BingX ARX-USDTshort | +0.0540% | 4h | 0.2028 | 0.000% | — | $1.6M | — | |
| Bybit ARXUSDT | +0.0548% | 4h | 0.2029 | +0.049% | $4.0M | $2.3M | 20x | as long as short |
| MEXC ARX_USDT | +0.0582% | 4h | 0.2027 | −0.049% | $870K | $397K | 20x | as long as short |
| Binance ARXUSDT | +0.0587% | 4h | 0.2028 | −0.018% | $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 |
Gate ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
KuCoin ARXUSDTM
Bybit ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT