Funding you earn now, next payment 08:00 UTC−0.0179%/8h= −19.6% APRnext payment −$1.79 per $10,000 · paid last 24h −0.025%
Price spread now: OKX against Binance+0.044%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.044%, 7d avg −0.055%
=The price spread pays, funding is against you. OKX is 0.099% dearer against Binance than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.055%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.5360 | 0.0083 | pay 0.0083% / 8h | 5h 55m | $9.0M | $51.9M | 75x |
| Short | OKX AR-USDT-SWAP | 4.5380 | −0.0096 | pay 0.0096% / 8h | 5h 55m | $2.3M | $19.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$37.56
- Price spread: +0.044% → −0.055%
- $9.89
- Slippage, 4 orders
- −$44.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.49
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 1.10 bp | 13.3 bp −$13 | 55.8 bp −$558 | 470.7 bp −$47.1K | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.10 bp | 17.5 bp −$18 | 87.9 bp −$879 | doesn't fit | doesn't fit |
AR on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.5376 | +0.034% | $584K | — | 50x | as long as short |
| OKX AR-USDT-SWAPshort | −0.0096% | 8h | 4.5380 | +0.044% | $2.3M | $19.0M | 20x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.6110 | +1.653% | $2K | $2K | 5.5x | as long as short |
| Extended AR-USD | +0.0080% | 1h | 4.5352 | −0.018% | $37K | $237K | 10x | as long as short |
| MEXC AR_USDT | +0.0082% | 8h | 4.5420 | +0.132% | $6.5M | $4.1M | 100x | as long as short |
| Binance ARUSDTlong | +0.0083% | 8h | 4.5360 | long leg | $9.0M | $51.9M | 75x | |
| Hyperliquid AR | +0.0100% | 1h | 4.5438 | +0.172% | $4.1M | $4.6M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5430 | +0.154% | $19K | $500K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5410 | +0.110% | $4.7M | $8.4M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5390 | +0.066% | $2.5M | $1.9M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5430 | +0.154% | $1.2M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5370 | +0.022% | $3.9M | $5.3M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5400 | +0.088% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5667 | +0.678% | $235K | $259K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5370 | +0.022% | $20K | $725K | 50x | as long as short |
| Kraken Futures PF_ARUSD | +0.1921% | 1h | 4.5503 | +0.316% | $56K | $149K | 20x | as long as short |
Binance ARUSDT
OKX AR-USDT-SWAP
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Extended AR-USD
MEXC AR_USDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Kraken Futures PF_ARUSD