Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against OKX+0.087%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.087%, 7d avg +0.067%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.020% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AR-USDT-SWAP | 4.5720 | −0.0001 | get 0.0001% / 8h | 45m 00s | $2.4M | $20.8M | 20x |
| Short | MEXC AR_USDT | 4.5760 | 0.0046 | get 0.0046% / 8h | 45m 00s | $6.7M | $4.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- $9.9
- Price spread: +0.087% → +0.067%
- $2.02
- Slippage, 4 orders
- −$32.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$34.62
- Costs to cover
- 0.465%
- Break-even
- 31.5 days
Slippage from OKX: live order book, 3 min ago; MEXC: 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, 3 min ago | 1.09 bp | 22.7 bp −$23 | 144.1 bp −$1,441 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.09 bp | 3.1 bp −$3 | 14.6 bp −$146 | 192.4 bp −$19.2K | 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 | −0.1967% | 1h | 4.5751 | +0.068% | $52K | $163K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5782 | +0.135% | $588K | — | 50x | as long as short |
| OKX AR-USDT-SWAPlong | −0.0001% | 8h | 4.5720 | long leg | $2.4M | $20.8M | 20x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | 0.000% | $3K | $339 | 5.5x | as long as short |
| MEXC AR_USDTshort | +0.0046% | 8h | 4.5760 | +0.087% | $6.7M | $4.4M | 100x | |
| Binance ARUSDT | +0.0046% | 8h | 4.5745 | +0.054% | $9.1M | $55.7M | 75x | as long as short |
| Extended AR-USD | +0.0048% | 1h | 4.5736 | +0.035% | $37K | $237K | 10x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5842 | +0.267% | $4.1M | $4.9M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5810 | +0.197% | $20K | $611K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5740 | +0.044% | $4.6M | $9.0M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AR_USDT | +0.0100% | 8h | 4.5780 | +0.131% | $2.6M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5770 | +0.109% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5710 | −0.022% | $3.9M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5750 | +0.066% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5774 | +0.119% | $139K | $172K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5830 | +0.241% | $58K | $746K | 50x | as long as short |
| BloFin AR-USDT | +0.0166% | 8h | 4.5730 | +0.022% | $432K | $674K | 20x | as long as short |
OKX AR-USDT-SWAP
MEXC AR_USDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Binance ARUSDT
Extended AR-USD
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT