ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.047%

Price spread now: MEXC against Bybit−0.093%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$240as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2732.733% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.334%+$33 on $10k

Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.093%, 7d avg −0.018%

Together, before fees+0.471%+$47 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARXUSDT	0.2152	0.0146	pay 0.0073% / 4h	1h 47m	$4.3M	$2.6M	20x
Short	MEXC ARX_USDT	0.2150	0.0150	get 0.0075% / 4h	1h 47m	$901K	$433K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.093%Rate

Funding earned: $0.9
Price spread: −0.093% → −0.018%: −$7.51
Slippage, 4 orders: −$254.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$279.92
Costs to cover: 2.733%
Break-even: 2187.1 days

Slippage from Bybit: live order book, just now; MEXC: live order book, 53 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 Bybit live order book, just now	9.29 bp	138.2 bp −$138	2651.4 bp −$26.5K	82243.4 bp −$8.22M	doesn't fit
Sell MEXC live order book, 53 min ago	2.42 bp	19.9 bp −$20	151.1 bp −$1,511	332.8 bp −$33.3K	957.1 bp −$478.6K

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-USDT	+0.0053%	4h	0.2146	−0.279%	$244K	$44K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0100%	4h	0.2151	−0.046%	$750K	$3.5M	20x	as long as short
Gate ARX_USDT	+0.0100%	4h	0.2159	+0.325%	$1.1M	$451K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.2150	−0.079%	$748K	$850K	20x	as long as short
Bitget ARXUSDT	+0.0100%	4h	0.2151	−0.060%	$2.1M	$1.8M	20x	as long as short
Binance ARXUSDT	+0.0144%	4h	0.2151	−0.046%	$5.7M	$11.9M	20x	as long as short
Bybit ARXUSDTlong	+0.0146%	4h	0.2152	long leg	$4.3M	$2.6M	20x
MEXC ARX_USDTshort	+0.0150%	4h	0.2150	−0.093%	$901K	$433K	20x
BingX ARX-USDT	+0.0182%	4h	0.2152	0.000%	—	$1.7M	—	as long as short
Aster ARXUSDT	+0.0416%	4h	0.2147	−0.230%	$82K	$100K	10x	as long as short