Funding you earn now, next payment 04:00 UTC−0.0321%/8h= −35.1% APRnext payment −$1.60 per $10,000 · paid last 24h +0.051%
Price spread now: Gate against OKX+0.294%7-day average +0.481% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,182as in the Price arb table
costs, in and out, $10k−$1,16311.631% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.294%, 7d avg +0.481%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.187% cheaper against OKX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.481%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.291%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2043 | 0.0525 | pay 0.0262% / 4h | 2h 32m | $742K | $3.0M | 20x |
| Short | Gate ARX_USDT | 0.2049 | 0.0204 | get 0.0102% / 4h | 2h 32m | $1.0M | $415K | 20x |
OKX ARX-USDT-SWAP
Gate ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$67.39
- Price spread: +0.294% → +0.481%
- −$18.74
- Slippage, 4 orders
- −$1,138.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,249.21
- Costs to cover
- 11.631%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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 | 2.45 bp | 28.8 bp −$29 | 2700.8 bp −$27.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 7.30 bp | 371.1 bp −$371 | doesn't fit | doesn't fit | doesn't fit |
ARX on 9 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 | 0.2037 | −0.279% | $719K | $775K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2040 | −0.162% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDTshort | +0.0204% | 4h | 0.2049 | +0.294% | $1.0M | $415K | 20x | |
| OKX ARX-USDT-SWAPlong | +0.0525% | 4h | 0.2043 | long leg | $742K | $3.0M | 20x | |
| MEXC ARX_USDT | +0.0580% | 4h | 0.2040 | −0.147% | $883K | $421K | 20x | as long as short |
| Binance ARXUSDT | +0.0582% | 4h | 0.2042 | −0.049% | $5.5M | $11.2M | 20x | as long as short |
| Aster ARXUSDT | +0.0799% | 4h | 0.2039 | −0.196% | $78K | $97K | 10x | as long as short |
| BingX ARX-USDT | +0.1322% | 4h | 0.2042 | −0.049% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1403% | 4h | 0.2044 | +0.049% | $4.2M | $2.3M | 20x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT