Funding you earn now, next payment 04:00 UTC−0.0533%/8h= −58.4% APRnext payment −$2.67 per $10,000 · paid last 24h −0.038%
Price spread now: Binance against BingX−0.045%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1401.405% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.045%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Binance is 0.032% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2015 | 0.1070 | pay 0.0535% / 4h | 3h 07m | — | $1.7M | — |
| Short | Binance ARXUSDT | 0.2014 | 0.0537 | get 0.0268% / 4h | 3h 07m | $5.4M | $11.1M | 20x |
BingX ARX-USDT
Binance ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$112.02
- Price spread: −0.045% → −0.014%
- −$3.16
- Slippage, 4 orders
- −$120.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$255.65
- Costs to cover
- 1.405%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: 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 BingX live order book, 10 min ago | 7.45 bp | 29.8 bp −$30 | 151.9 bp −$1,519 | 1173.4 bp −$117.3K | 1397.1 bp −$698.5K |
| Sell Binance live order book, 3 min ago | 2.48 bp | 41.8 bp −$42 | 247.0 bp −$2,470 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2024 | +0.447% | $1.0M | $414K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2012 | −0.164% | $710K | $753K | 20x | as long as short |
| Bitget ARXUSDT | +0.0112% | 4h | 0.2014 | −0.060% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0345% | 4h | 0.2021 | +0.298% | $237K | $48K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0394% | 4h | 0.2017 | +0.099% | $727K | $3.0M | 20x | as long as short |
| Binance ARXUSDTshort | +0.0537% | 4h | 0.2014 | −0.045% | $5.4M | $11.1M | 20x | |
| MEXC ARX_USDT | +0.0546% | 4h | 0.2014 | −0.050% | $878K | $420K | 20x | as long as short |
| Aster ARXUSDT | +0.0716% | 4h | 0.2014 | −0.050% | $77K | $103K | 10x | as long as short |
| BingX ARX-USDTlong | +0.1070% | 4h | 0.2015 | long leg | — | $1.7M | — | |
| Bybit ARXUSDT | +0.1143% | 4h | 0.2018 | +0.149% | $4.1M | $2.2M | 20x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
MEXC ARX_USDT
Aster ARXUSDT
Bybit ARXUSDT