Funding you earn now, next payment 04:00 UTC−0.0223%/8h= −24.4% APRnext payment −$1.12 per $10,000 · paid last 24h −0.123%
Price spread now: OKX against BingX−0.095%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days−0.457%−$46 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now −0.095%, 7d avg −0.170%
=The price spread pays, funding is against you. OKX is 0.075% dearer against BingX than usual: you sell high and buy low (spread −0.095% now, against its 7-day average of −0.170%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2111 | 0.0352 | pay 0.0176% / 4h | 20m 18s | — | $1.7M | — |
| Short | OKX ARX-USDT-SWAP | 0.2109 | 0.0128 | get 0.0064% / 4h | 20m 18s | $747K | $3.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$46.88
- Price spread: −0.095% → −0.170%
- $7.52
- Slippage, 4 orders
- −$158.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$217.78
- Costs to cover
- 1.784%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago | 7.17 bp | 36.4 bp −$36 | 190.4 bp −$1,904 | 1167.5 bp −$116.7K | 1418.6 bp −$709.3K |
| Sell OKX live order book, 2 min ago | 7.08 bp | 51.7 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2120 | +0.426% | $1.1M | $438K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2107 | −0.199% | $736K | $815K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2109 | −0.085% | $2.0M | $1.8M | 20x | as long as short |
| BloFin ARX-USDT | +0.0127% | 4h | 0.2115 | +0.189% | $244K | $44K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0128% | 4h | 0.2109 | −0.095% | $747K | $3.3M | 20x | |
| Bybit ARXUSDT | +0.0229% | 4h | 0.2112 | +0.047% | $4.3M | $2.4M | 20x | as long as short |
| BingX ARX-USDTlong | +0.0352% | 4h | 0.2111 | long leg | — | $1.7M | — | |
| MEXC ARX_USDT | +0.0388% | 4h | 0.2111 | 0.000% | $916K | $434K | 20x | as long as short |
| Binance ARXUSDT | +0.0407% | 4h | 0.2110 | −0.042% | $5.7M | $11.6M | 20x | as long as short |
| Aster ARXUSDT | +0.0649% | 4h | 0.2106 | −0.237% | $80K | $96K | 10x | as long as short |
BingX ARX-USDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
Bybit ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT