Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.177%
Price spread now: Bitget against BingX−0.117%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.117%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2054 | 0.0334 | pay 0.0167% / 4h | 3h 55m | — | $1.7M | — |
| Short | Bitget ARXUSDT | 0.2052 | 0.0100 | get 0.0050% / 4h | 3h 55m | $2.0M | $1.8M | 20x |
BingX ARX-USDT
Bitget ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$49.14
- Price spread: −0.117% → −0.056%
- −$6.13
- Slippage, 4 orders
- −$188.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$265.83
- Costs to cover
- 2.106%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago | 9.73 bp | 30.2 bp −$30 | 165.9 bp −$1,659 | 1181.5 bp −$118.2K | 1371.1 bp −$685.6K |
| Sell Bitget live order book, 1 min ago | 7.05 bp | 79.4 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARXUSDT | +0.0100% | 4h | 0.2052 | −0.097% | $4.1M | $2.4M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2053 | −0.049% | $724K | $3.3M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2055 | +0.049% | $1.0M | $439K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2047 | −0.346% | $716K | $830K | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0100% | 4h | 0.2052 | −0.117% | $2.0M | $1.8M | 20x | |
| BloFin ARX-USDT | +0.0127% | 4h | 0.2053 | −0.049% | $240K | $42K | 20x | as long as short |
| MEXC ARX_USDT | +0.0286% | 4h | 0.2052 | −0.097% | $875K | $433K | 20x | as long as short |
| Binance ARXUSDT | +0.0287% | 4h | 0.2051 | −0.167% | $5.5M | $11.7M | 20x | as long as short |
| BingX ARX-USDTlong | +0.0334% | 4h | 0.2054 | long leg | — | $1.7M | — | |
| Aster ARXUSDT | +0.0494% | 4h | 0.2048 | −0.276% | $78K | $101K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT