Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.045%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.045%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.6339 | 0.0005 | pay 0.0005% / 8h | 7h 27m | $9.3M | $53.7M | 75x |
| Short | MEXC AR_USDT | 4.6360 | 0.0004 | get 0.0004% / 8h | 7h 27m | $6.7M | $4.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.11
- Price spread: +0.045% → +0.014%
- $3.1
- Slippage, 4 orders
- −$29.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$40.47
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: 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 Binance live order book, 15 min ago | 1.09 bp | 13.0 bp −$13 | 47.9 bp −$479 | 436.5 bp −$43.6K | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.21 bp | 9.9 bp −$10 | 28.2 bp −$282 | 214.0 bp −$21.4K | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.2378% | 1h | 4.6437 | +0.211% | $53K | $147K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.6416 | +0.165% | $596K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0139% | 8h | 4.6340 | +0.002% | $2.4M | $20.2M | 20x | as long as short |
| MEXC AR_USDTshort | +0.0004% | 8h | 4.6360 | +0.045% | $6.7M | $4.4M | 100x | |
| Binance ARUSDTlong | +0.0005% | 8h | 4.6339 | long leg | $9.3M | $53.7M | 75x | |
| Extended AR-USD | +0.0008% | 1h | 4.6359 | +0.044% | $38K | $317K | 10x | as long as short |
| BloFin AR-USDT | +0.0019% | 8h | 4.6450 | +0.239% | $437K | $584K | 20x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | −1.336% | $3K | $239 | 5.5x | as long as short |
| ApeX Omni ARUSDT | +0.0055% | 1h | 4.6630 | +0.628% | $23K | $739K | 50x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.6516 | +0.382% | $4.3M | $4.8M | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ARUSDT | +0.0100% | 8h | 4.6420 | +0.175% | $20K | $510K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.6320 | −0.041% | $4.7M | $8.6M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.6350 | +0.024% | $2.6M | $2.2M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.6330 | −0.020% | $1.5M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.6340 | +0.002% | $4.0M | $5.5M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.6380 | +0.088% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.6608 | +0.580% | $145K | $170K | — | as long as short |
Binance ARUSDT
MEXC AR_USDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Extended AR-USD
BloFin AR-USDT
Injective AR/USDC PERP
ApeX Omni ARUSDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR