AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against OKX−0.258%7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.525%+$52 · spread now −0.258%, 7d avg +0.048%

Together, before fees+0.639%+$64 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.306% cheaper against OKX than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of +0.048%). If the spread goes back, that is −$31 on $10k: about 6.5 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.114% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AR-USDT-SWAP	4.6430	−0.0139	get 0.0139% / 8h	7h 26m	$2.4M	$20.2M	20x
Short	BloFin AR-USDT	4.6310	0.0018	get 0.0018% / 8h	7h 26m	$442K	$572K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.258%Rate

Funding earned: $33.06
Price spread: −0.258% → +0.048%: −$30.65
Slippage, 4 orders: −$54.88
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$74.46
Costs to cover: 0.769%
Break-even: 22.8 days

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 45 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, 2 min ago	1.08 bp	22.8 bp −$23	168.0 bp −$1,680	doesn't fit	doesn't fit
Sell BloFin live order book, 45 min ago	3.25 bp	13.0 bp −$13	28.7 bp −$287	doesn't fit	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	−0.2382%	1h	4.6356	−0.160%	$53K	$146K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6373	−0.123%	$596K	—	50x	as long as short
OKX AR-USDT-SWAPlong	−0.0139%	8h	4.6430	long leg	$2.4M	$20.2M	20x
MEXC AR_USDT	+0.0004%	8h	4.6450	+0.043%	$6.7M	$4.4M	100x	as long as short
Binance ARUSDT	+0.0005%	8h	4.6470	+0.086%	$9.3M	$53.6M	75x	as long as short
Extended AR-USD	+0.0008%	1h	4.6417	−0.029%	$38K	$306K	10x	as long as short
BloFin AR-USDTshort	+0.0018%	8h	4.6310	−0.258%	$442K	$572K	20x
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−1.529%	$3K	$239	5.5x	as long as short
ApeX Omni ARUSDT	+0.0093%	1h	4.6410	−0.043%	$23K	$740K	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6579	+0.321%	$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	4.6398	−0.070%	$20K	$510K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.6447	+0.037%	$4.7M	$8.6M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.6430	0.000%	$2.6M	$2.2M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6450	+0.043%	$1.5M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6420	−0.022%	$4.0M	$5.5M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.6410	−0.043%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6608	+0.383%	$145K	$170K	—	as long as short