AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.3% APRnext payment +$1.39 per $10,000 · paid last 24h +0.025%

Price spread now: Binance against OKX+0.022%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$770.765% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.065%−$7 · spread now +0.022%, 7d avg +0.056%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.056%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AR-USDT-SWAP	4.5400	−0.0039	get 0.0039% / 8h	5h 09m	$2.3M	$18.5M	20x
Short	Binance ARUSDT	4.5410	0.0100	get 0.0100% / 8h	5h 09m	$9.0M	$50.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.022%Rate

Funding earned: $29.28
Price spread: +0.022% → +0.056%: −$3.42
Slippage, 4 orders: −$56.52
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.65
Costs to cover: 0.765%
Break-even: 19.1 days

Slippage from OKX: live order book, 4 min ago; Binance: 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 OKX live order book, 4 min ago	3.31 bp	16.2 bp −$16	165.9 bp −$1,659	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.10 bp	18.6 bp −$19	59.3 bp −$593	340.8 bp −$34.1K	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
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5443	+0.095%	$583K	—	50x	as long as short
OKX AR-USDT-SWAPlong	−0.0039%	8h	4.5400	long leg	$2.3M	$18.5M	20x
Injective AR/USDC PERP	+0.0033%	1h	4.5290	−0.242%	$548	$3K	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5481	+0.178%	$4.1M	$4.5M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5311	−0.197%	$19K	$492K	10x	as long as short
Binance ARUSDTshort	+0.0100%	8h	4.5410	+0.022%	$9.0M	$50.5M	75x
Bybit ARUSDT	+0.0100%	8h	4.5410	+0.022%	$4.7M	$8.2M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.5420	+0.044%	$2.6M	$2.0M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.5410	+0.022%	$6.5M	$4.3M	100x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5350	−0.110%	$1.2M	$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	4.5410	+0.022%	$4.0M	$5.2M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5410	+0.022%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5341	−0.130%	$235K	$253K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5410	+0.022%	$20K	$722K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.5389	−0.025%	$37K	$240K	10x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.5430	+0.066%	$434K	$493K	20x	as long as short
Kraken Futures PF_ARUSD	+0.1924%	1h	4.5437	+0.081%	$56K	$149K	20x	as long as short