ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.102%

Price spread now: Gate against BloFin+0.198%93s7-day average +0.467% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,476as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1,50615.062% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.298%+$30 on $10k

Price spread, last 3 days (all we have)+0.282%+$28 · spread now +0.198%, 7d avg +0.467%

Together, before fees+0.581%+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.269% cheaper against BloFin than usual: you would sell low and buy high (spread +0.198% now, against its 7-day average of +0.467%). If the spread goes back, that is −$27 on $10k: about 31 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.298% in total) that is about 6.3 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARX-USDT	0.2019	0.0072	pay 0.0036% / 4h	1h 17m	$237K	$51K	20x
Short	Gate ARX_USDT	0.2023	0.0100	get 0.0050% / 4h	1h 17m	$1.0M	$430K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now +0.198%Rate

Funding earned: $5.98
Price spread: +0.198% → +0.467%: −$26.9
Slippage, 4 orders: −$1,479.25
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,527.17
Costs to cover: 15.062%
Break-even: 1793.5 days

Slippage from BloFin: live order book, 58 min ago; Gate: live order book, 4 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 BloFin live order book, 58 min ago	4.93 bp	30.9 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	7.42 bp	396.1 bp −$396	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
BloFin ARX-USDTlong	+0.0072%	4h	0.2019	long leg	$237K	$51K	20x
OKX ARX-USDT-SWAP	+0.0100%	4h	0.2017	−0.099%	$724K	$2.9M	20x	as long as short
Gate ARX_USDTshort	+0.0100%	4h	0.2023	+0.198%	$1.0M	$430K	20x
KuCoin ARXUSDTM	+0.0100%	4h	0.2013	−0.297%	$697K	$683K	20x	as long as short
Bitget ARXUSDT	+0.0210%	4h	0.2016	−0.144%	$1.9M	$1.7M	20x	as long as short
Binance ARXUSDT	+0.0243%	4h	0.2017	−0.122%	$5.5M	$11.0M	20x	as long as short
MEXC ARX_USDT	+0.0252%	4h	0.2016	−0.149%	$866K	$403K	20x	as long as short
Aster ARXUSDT	+0.0480%	4h	0.2012	−0.323%	$101K	$73K	10x	as long as short
BingX ARX-USDT	+0.0484%	4h	0.2017	−0.099%	—	$1.7M	—	as long as short
Bybit ARXUSDT	+0.0543%	4h	0.2016	−0.149%	$4.0M	$2.3M	20x	as long as short