Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AR-USDT-SWAP4.5720−0.0001get 0.0001% / 8h45m 00s$2.4M$20.8M20x
ShortMEXC AR_USDT4.57600.0046get 0.0046% / 8h45m 00s$6.7M$4.4M100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.09 bp22.7 bp −$23144.1 bp −$1,441doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.09 bp3.1 bp −$314.6 bp −$146192.4 bp −$19.2Kdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.1967%1h4.5751+0.068%$52K$163K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.5782+0.135%$588K50xas long as short
OKX AR-USDT-SWAPlong−0.0001%8h4.5720long leg$2.4M$20.8M20x
Injective AR/USDC PERP+0.0033%1h4.57200.000%$3K$3395.5xas long as short
MEXC AR_USDTshort+0.0046%8h4.5760+0.087%$6.7M$4.4M100x
Binance ARUSDT+0.0046%8h4.5745+0.054%$9.1M$55.7M75xas long as short
Extended AR-USD+0.0048%1h4.5736+0.035%$37K$237K10xas long as short
Hyperliquid AR+0.0100%1h4.5842+0.267%$4.1M$4.9M5xas long as short
Aster ARUSDT+0.0100%8h4.5810+0.197%$20K$611K10xas long as short
Bybit ARUSDT+0.0100%8h4.5740+0.044%$4.6M$9.0M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AR_USDT+0.0100%8h4.5780+0.131%$2.6M$2.3M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.5770+0.109%$1.4M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5710−0.022%$3.9M$5.6M75xas long as short
BingX AR-USDT+0.0100%8h4.5750+0.066%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.5774+0.119%$139K$172Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.5830+0.241%$58K$746K50xas long as short
BloFin AR-USDT+0.0166%8h4.5730+0.022%$432K$674K20xas long as short