Funding you earn now, next payment 12:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.092%
Price spread now: MEXC against OKX−0.045%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1561.561% of the position
Funding, last 7 days+0.430%+$43 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.045%, 7d avg +0.026%
=Funding pays, the price is against you. MEXC is 0.072% cheaper against OKX than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2200 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $770K | $3.9M | 20x |
| Short | MEXC ARX_USDT | 0.2199 | 0.0458 | get 0.0229% / 4h | 3h 58m | $903K | $467K | 20x |
OKX ARX-USDT-SWAP
MEXC ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $75.18
- Price spread: −0.045% → +0.026%
- −$7.16
- Slippage, 4 orders
- −$138.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$88.1
- Costs to cover
- 1.561%
- Break-even
- 15.2 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 33 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, 4 min ago | 4.57 bp | 44.7 bp −$45 | 2368.4 bp −$23.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 4.51 bp | 30.8 bp −$31 | 149.3 bp −$1,493 | 319.9 bp −$32.0K | 885.2 bp −$442.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDT | +0.0068% | 4h | 0.2193 | −0.318% | $250K | $49K | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0100% | 4h | 0.2200 | long leg | $770K | $3.9M | 20x | |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2198 | −0.095% | $766K | $925K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2203 | +0.114% | $2.1M | $1.9M | 20x | as long as short |
| BingX ARX-USDT | +0.0401% | 4h | 0.2201 | +0.045% | — | $1.7M | — | as long as short |
| MEXC ARX_USDTshort | +0.0458% | 4h | 0.2199 | −0.045% | $903K | $467K | 20x | |
| Binance ARXUSDT | +0.0466% | 4h | 0.2200 | +0.015% | $5.8M | $12.6M | 20x | as long as short |
| Bybit ARXUSDT | +0.0529% | 4h | 0.2201 | +0.045% | $4.4M | $2.9M | 20x | as long as short |
| Aster ARXUSDT | +0.0739% | 4h | 0.2193 | −0.301% | $84K | $110K | 10x | as long as short |
| Gate ARX_USDT | +0.1436% | 4h | 0.2211 | +0.500% | $1.1M | $468K | 20x | as long as short |
BloFin ARX-USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BingX ARX-USDT
Binance ARXUSDT
Bybit ARXUSDT
Aster ARXUSDT
Gate ARX_USDT