Funding you earn now, next payment 00:00 UTC+0.0273%/8h= +29.9% APRnext payment +$1.37 per $10,000 · paid last 24h +0.083%
Price spread now: MEXC against BloFin−0.149%64s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$1031.031% of the position
Funding, last 7 days+0.413%+$41 on $10k
+Price spread, last 3 days (all we have)+0.185%+$18 · spread now −0.149%, 7d avg +0.006%
=Funding pays, the price is against you. MEXC is 0.155% cheaper against BloFin than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of +0.006%). If the spread goes back, that is −$16 on $10k: about 45 hours of funding at the current rate (+$8 a day). The two prices were read 64 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 | 0.2009 | 0.0073 | pay 0.0036% / 4h | 1h 46m | $236K | $51K | 20x |
| Short | MEXC ARX_USDT | 0.2006 | 0.0346 | get 0.0173% / 4h | 1h 46m | $861K | $400K | 20x |
BloFin ARX-USDT
MEXC ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $57.35
- Price spread: −0.149% → +0.006%
- −$15.52
- Slippage, 4 orders
- −$83.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$61.22
- Costs to cover
- 1.031%
- Break-even
- 14.5 days
Slippage from BloFin: live order book, 30 min ago; MEXC: live order book, 30 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, 30 min ago | 4.93 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 30 min ago | 4.94 bp | 23.2 bp −$23 | 118.1 bp −$1,181 | 305.3 bp −$30.5K | 840.6 bp −$420.3K |
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 | +0.0073% | 4h | 0.2009 | long leg | $236K | $51K | 20x | |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2010 | +0.050% | $715K | $2.9M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2014 | +0.249% | $1.0M | $429K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2004 | −0.239% | $712K | $665K | 20x | as long as short |
| Bybit ARXUSDT | +0.0191% | 4h | 0.2009 | 0.000% | $4.0M | $2.3M | 20x | as long as short |
| Bitget ARXUSDT | +0.0220% | 4h | 0.2010 | +0.055% | $1.9M | $1.7M | 20x | as long as short |
| Binance ARXUSDT | +0.0336% | 4h | 0.2008 | −0.050% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDTshort | +0.0346% | 4h | 0.2006 | −0.149% | $861K | $400K | 20x | |
| BingX ARX-USDT | +0.0386% | 4h | 0.2009 | 0.000% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0608% | 4h | 0.2006 | −0.127% | $101K | $72K | 10x | as long as short |
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
Bybit ARXUSDT
Bitget ARXUSDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT