AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.021%

Price spread now: MEXC against BingX+0.067%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.067%, 7d avg +0.046%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.021% dearer against BingX than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.046%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.058% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AR-USDT	4.4880	0.0100	pay 0.0100% / 8h	6h 43m	—	$2.9M	—
Short	MEXC AR_USDT	4.4910	0.0018	get 0.0018% / 8h	6h 43m	$6.4M	$4.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$17.22
Price spread: +0.067% → +0.046%: $2.09
Slippage, 4 orders: −$41.17
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.3
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 9 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 BingX live order book, 6 min ago	4.45 bp	20.6 bp −$21	41.8 bp −$418	368.0 bp −$36.8K	734.8 bp −$367.4K
Sell MEXC live order book, 9 min ago	4.45 bp	6.4 bp −$6	25.5 bp −$255	209.1 bp −$20.9K	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	−0.1700%	1h	4.5068	+0.419%	$55K	$149K	20x	as long as short
Injective AR/USDC PERP	−0.0353%	1h	4.6110	+2.741%	$2K	$2K	5.5x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.4837	−0.096%	$576K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0135%	8h	4.4940	+0.134%	$2.3M	$19.3M	20x	as long as short
MEXC AR_USDTshort	+0.0018%	8h	4.4910	+0.067%	$6.4M	$4.3M	100x
Binance ARUSDT	+0.0021%	8h	4.4936	+0.125%	$8.9M	$53.2M	75x	as long as short
Extended AR-USD	+0.0024%	1h	4.4925	+0.101%	$37K	$243K	10x	as long as short
BloFin AR-USDT	+0.0050%	8h	4.5040	+0.357%	$433K	$528K	20x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4961	+0.180%	$4.0M	$4.7M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4843	−0.082%	$26K	$500K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDT	+0.0100%	8h	4.4920	+0.089%	$4.5M	$8.4M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4890	+0.022%	$2.5M	$2.1M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.4930	+0.111%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4890	+0.022%	$3.8M	$5.4M	75x	as long as short
BingX AR-USDTlong	+0.0100%	8h	4.4880	long leg	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.4893	+0.029%	$140K	$165K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4910	+0.067%	$20K	$742K	50x	as long as short