Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against OKX0.000%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1901.898% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now 0.000%, 7d avg +0.043%
=Funding pays, the price is against you. BloFin is 0.043% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 4.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2086 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $742K | $3.4M | 20x |
| Short | BloFin ARX-USDT | 0.2086 | 0.0130 | get 0.0065% / 4h | 2h 19m | $242K | $42K | 20x |
OKX ARX-USDT-SWAP
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.2
- Price spread: 0.000% → +0.043%
- −$4.25
- Slippage, 4 orders
- −$167.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$187.85
- Costs to cover
- 1.898%
- Break-even
- 219.2 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 62 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, 3 min ago | 7.22 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 4.90 bp | 40.4 bp −$40 | 181.3 bp −$1,813 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ARXUSDT | +0.0100% | 4h | 0.2088 | +0.076% | $5.5M | $11.7M | 20x | as long as short |
| Bybit ARXUSDT | +0.0100% | 4h | 0.2086 | 0.000% | $4.2M | $2.5M | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0100% | 4h | 0.2086 | long leg | $742K | $3.4M | 20x | |
| Gate ARX_USDT | +0.0100% | 4h | 0.2094 | +0.384% | $1.1M | $443K | 20x | as long as short |
| MEXC ARX_USDT | +0.0100% | 4h | 0.2085 | −0.048% | $889K | $434K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2081 | −0.240% | $726K | $836K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2084 | −0.101% | $2.0M | $1.8M | 20x | as long as short |
| BingX ARX-USDT | +0.0100% | 4h | 0.2087 | +0.048% | — | $1.7M | — | as long as short |
| BloFin ARX-USDTshort | +0.0130% | 4h | 0.2086 | 0.000% | $242K | $42K | 20x | |
| Aster ARXUSDT | +0.0287% | 4h | 0.2079 | −0.336% | $79K | $101K | 10x | as long as short |
Binance ARXUSDT
Bybit ARXUSDT
Gate ARX_USDT
MEXC ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BingX ARX-USDT
Aster ARXUSDT