ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.105%

Price spread now: Bitget against Gate−0.356%7-day average −0.423% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,554as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,521as in the Price arb table

costs, in and out, $10k−$1,52715.274% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.356%, 7d avg −0.423%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.423%. Mind the row above: over the last 7 days funding on this pair cost −0.263%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARX_USDT	0.2023	0.0100	pay 0.0050% / 4h	3h 11m	$1.0M	$414K	20x
Short	Bitget ARXUSDT	0.2016	0.0134	get 0.0067% / 4h	3h 11m	$1.9M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.356%Rate

Funding earned: $7.14
Price spread: −0.356% → −0.423%: $6.75
Slippage, 4 orders: −$1,500.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,513.51
Costs to cover: 15.274%
Break-even: 1490.8 days

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, just now.

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 Gate live order book, 1 min ago	7.40 bp	1194.5 bp −$1,194	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, just now	7.68 bp	45.1 bp −$45	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_USDTlong	+0.0100%	4h	0.2023	long leg	$1.0M	$414K	20x
KuCoin ARXUSDTM	+0.0100%	4h	0.2014	−0.440%	$712K	$752K	20x	as long as short
Bitget ARXUSDTshort	+0.0134%	4h	0.2016	−0.356%	$1.9M	$1.7M	20x
BloFin ARX-USDT	+0.0419%	4h	0.2021	−0.099%	$236K	$48K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0420%	4h	0.2018	−0.247%	$728K	$3.0M	20x	as long as short
Binance ARXUSDT	+0.0560%	4h	0.2018	−0.255%	$5.4M	$11.2M	20x	as long as short
MEXC ARX_USDT	+0.0570%	4h	0.2017	−0.297%	$878K	$420K	20x	as long as short
Aster ARXUSDT	+0.0732%	4h	0.2017	−0.315%	$77K	$103K	10x	as long as short
Bybit ARXUSDT	+0.1155%	4h	0.2020	−0.148%	$4.1M	$2.3M	20x	as long as short
BingX ARX-USDT	+0.1224%	4h	0.2018	−0.247%	—	$1.7M	—	as long as short