Funding you earn now, next payment 04:00 UTC+0.0377%/8h= +41.3% APRnext payment +$1.88 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against Bitget−0.024%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days−0.091%−$9 · spread now −0.024%, 7d avg −0.115%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.115%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | Bitget ARXUSDT | 0.2110 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $2.0M | $1.8M | 20x |
| Short | OKX ARX-USDT-SWAP | 0.2110 | 0.0477 | get 0.0238% / 4h | 1h 11m | $752K | $3.3M | 20x |
Bitget ARXUSDT
OKX ARX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $79.16
- Price spread: −0.024% → −0.115%
- $9.11
- Slippage, 4 orders
- −$193.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.73
- Costs to cover
- 2.150%
- Break-even
- 18.2 days
Slippage from Bitget: live order book, 5 min ago; OKX: 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 Bitget live order book, 5 min ago | 7.81 bp | 52.8 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.74 bp | 57.8 bp −$58 | 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 | 0.2118 | +0.355% | $1.1M | $438K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2107 | −0.142% | $739K | $810K | 20x | as long as short |
| Bitget ARXUSDTlong | +0.0100% | 4h | 0.2110 | long leg | $2.0M | $1.8M | 20x | |
| BloFin ARX-USDT | +0.0437% | 4h | 0.2109 | −0.071% | $246K | $49K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0477% | 4h | 0.2110 | −0.024% | $752K | $3.3M | 20x | |
| Bybit ARXUSDT | +0.0543% | 4h | 0.2110 | −0.024% | $4.3M | $2.4M | 20x | as long as short |
| BingX ARX-USDT | +0.0578% | 4h | 0.2113 | +0.118% | — | $1.7M | — | as long as short |
| MEXC ARX_USDT | +0.0584% | 4h | 0.2110 | −0.024% | $941K | $433K | 20x | as long as short |
| Binance ARXUSDT | +0.0606% | 4h | 0.2112 | +0.087% | $5.7M | $11.5M | 20x | as long as short |
| Aster ARXUSDT | +0.0894% | 4h | 0.2107 | −0.166% | $80K | $96K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
Bybit ARXUSDT
BingX ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT