Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against Binance−0.254%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1341.339% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now −0.254%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.217% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2146 | 0.0125 | pay 0.0062% / 4h | 1h 50m | $5.7M | $11.9M | 20x |
| Short | MEXC ARX_USDT | 0.2141 | 0.0124 | get 0.0062% / 4h | 1h 50m | $900K | $430K | 20x |
Binance ARXUSDT
MEXC ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.11
- Price spread: −0.254% → −0.037%
- −$21.7
- Slippage, 4 orders
- −$115.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$155.75
- Costs to cover
- 1.339%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 50 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 Binance live order book, 5 min ago | 4.72 bp | 33.8 bp −$34 | 339.5 bp −$3,395 | 14347.5 bp −$1.43M | doesn't fit |
| Sell MEXC live order book, 50 min ago | 2.42 bp | 19.9 bp −$20 | 151.1 bp −$1,511 | 332.8 bp −$33.3K | 957.1 bp −$478.6K |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2147 | +0.025% | $746K | $3.5M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2139 | −0.347% | $1.1M | $450K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2136 | −0.487% | $745K | $844K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2144 | −0.124% | $2.1M | $1.8M | 20x | as long as short |
| BingX ARX-USDT | +0.0100% | 4h | 0.2146 | −0.021% | — | $1.7M | — | as long as short |
| MEXC ARX_USDTshort | +0.0124% | 4h | 0.2141 | −0.254% | $900K | $430K | 20x | |
| Binance ARXUSDTlong | +0.0125% | 4h | 0.2146 | long leg | $5.7M | $11.9M | 20x | |
| BloFin ARX-USDT | +0.0135% | 4h | 0.2134 | −0.580% | $245K | $43K | 20x | as long as short |
| Bybit ARXUSDT | +0.0138% | 4h | 0.2147 | +0.025% | $4.3M | $2.6M | 20x | as long as short |
| Aster ARXUSDT | +0.0385% | 4h | 0.2134 | −0.579% | $81K | $100K | 10x | as long as short |
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BingX ARX-USDT
BloFin ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT