ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h −0.060%

Price spread now: Bitget against KuCoin+0.159%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$743as in the Funding arb table

Net, price: spread back to 7d avg − costs−$735as in the Price arb table

costs, in and out, $10k−$7447.440% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.159%, 7d avg +0.069%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.089% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARXUSDTM	0.2017	0.0126	pay 0.0063% / 4h	1h 59m	$728K	$652K	20x
Short	Bitget ARXUSDT	0.2020	0.0222	get 0.0111% / 4h	1h 59m	$1.9M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.159%Rate

Funding earned: $20.16
Price spread: +0.159% → +0.069%: $8.94
Slippage, 4 orders: −$719.96
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$714.85
Costs to cover: 7.440%
Break-even: 255.2 days

Slippage from KuCoin: live order book, 14 min ago; Bitget: live order book, 3 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 KuCoin live order book, 14 min ago	11.11 bp	297.0 bp −$297	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	8.92 bp	48.8 bp −$49	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	0.2023	+0.317%	$1.0M	$428K	20x	as long as short
KuCoin ARXUSDTMlong	+0.0126%	4h	0.2017	long leg	$728K	$652K	20x
BloFin ARX-USDT	+0.0152%	4h	0.2017	+0.020%	$237K	$51K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0173%	4h	0.2023	+0.317%	$717K	$2.9M	20x	as long as short
Bitget ARXUSDTshort	+0.0222%	4h	0.2020	+0.159%	$1.9M	$1.7M	20x
Bybit ARXUSDT	+0.0242%	4h	0.2018	+0.069%	$4.0M	$2.3M	20x	as long as short
MEXC ARX_USDT	+0.0390%	4h	0.2017	+0.020%	$866K	$399K	20x	as long as short
Binance ARXUSDT	+0.0391%	4h	0.2018	+0.069%	$5.5M	$11.0M	20x	as long as short
BingX ARX-USDT	+0.0392%	4h	0.2021	+0.218%	—	$1.7M	—	as long as short
Aster ARXUSDT	+0.0675%	4h	0.2017	+0.029%	$101K	$72K	10x	as long as short