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

ARX

all ARX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0304%/8h= −33.3% APRnext payment $1.52 per $10,000 · paid last 24h −0.175%
Price spread now: BloFin against Aster−0.177%72s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2,46924.686% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.677%−$68 on $10k
Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.177%, 7d avg +0.036%
Together, before fees−0.411%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BloFin is 0.213% cheaper against Aster than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARXUSDT0.21110.0344pay 0.0172% / 4h1h 57m$80K$101K10x
ShortBloFin ARX-USDT0.21070.0040get 0.0020% / 4h1h 57m$242K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$63.81
Price spread: −0.177% → +0.036%
−$21.26
Slippage, 4 orders
−$2,448.56
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2,553.63
Costs to cover
24.686%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; BloFin: live order book, 18 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 Aster live order book, 55 min ago16.89 bp1125.4 bp −$1,125doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 18 min ago4.76 bp49.8 bp −$50227.9 bp −$2,279doesn't fitdoesn't fit

ARX on 10 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
BloFin ARX-USDTshort+0.0040%4h0.2107−0.177%$242K$43K20x
Binance ARXUSDT+0.0100%4h0.2115+0.202%$5.6M$11.7M20xas long as short
Bybit ARXUSDT+0.0100%4h0.2117+0.297%$4.3M$2.5M20xas long as short
OKX ARX-USDT-SWAP+0.0100%4h0.2114+0.155%$750K$3.4M20xas long as short
Gate ARX_USDT+0.0100%4h0.2116+0.250%$1.1M$442K20xas long as short
MEXC ARX_USDT+0.0100%4h0.2114+0.155%$901K$427K20xas long as short
KuCoin ARXUSDTM+0.0100%4h0.2112+0.051%$737K$839K20xas long as short
Bitget ARXUSDT+0.0100%4h0.2116+0.235%$2.0M$1.8M20xas long as short
BingX ARX-USDT+0.0132%4h0.2117+0.297%$1.7Mas long as short
Aster ARXUSDTlong+0.0344%4h0.2111long leg$80K$101K10x