AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin+0.024%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.024%, 7d avg +0.063%

Together, before fees−0.220%−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.063%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.2510	0.0220	pay 0.0220% / 8h	35m 12s	$413K	$442K	20x
Short	MEXC AR_USDT	4.2520	0.0100	get 0.0100% / 8h	35m 12s	$5.9M	$4.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$25.2
Price spread: +0.024% → +0.063%: −$3.9
Slippage, 4 orders: −$28.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$73.39
Costs to cover: 0.443%
Break-even: never at this rate

Slippage from BloFin: live order book, 46 min ago; MEXC: live order book, 2 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 BloFin live order book, 46 min ago	1.16 bp	11.5 bp −$12	35.8 bp −$358	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.35 bp	4.4 bp −$4	13.9 bp −$139	198.4 bp −$19.8K	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	−0.1529%	1h	4.2439	−0.167%	$52K	$141K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2492	−0.042%	$546K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+4.070%	$2K	$5K	5.5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.2498	−0.028%	$32K	$297K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.2498	−0.029%	$8.4M	$47.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.2509	−0.002%	$4.4M	$8.8M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2490	−0.047%	$2.2M	$15.7M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2450	−0.141%	$2.0M	$3.2M	50x	as long as short
MEXC AR_USDTshort	+0.0100%	8h	4.2520	+0.024%	$5.9M	$4.0M	100x
KuCoin ARUSDTM	+0.0100%	8h	4.2480	−0.071%	$1.1M	$1.2M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARUSDT	+0.0100%	8h	4.2470	−0.094%	$3.7M	$5.1M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2510	0.000%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2517	+0.016%	$244K	$515K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.2590	+0.188%	$20K	$710K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.2487	−0.053%	$35K	$243K	10x	as long as short
BloFin AR-USDTlong	+0.0220%	8h	4.2510	long leg	$413K	$442K	20x
Hyperliquid AR	+0.0368%	1h	4.2601	+0.214%	$3.9M	$4.7M	5x	as long as short