Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against MEXC+0.025%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.985% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.025%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2041 | 0.0636 | pay 0.0318% / 4h | 2h 41m | $886K | $420K | 20x |
| Short | Binance ARXUSDT | 0.2042 | 0.0637 | get 0.0319% / 4h | 2h 41m | $5.5M | $11.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.22
- Price spread: +0.025% → +0.038%
- −$1.31
- Slippage, 4 orders
- −$80.51
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$99.61
- Costs to cover
- 0.985%
- Break-even
- 3199.5 days
Slippage from MEXC: live order book, 19 min ago; Binance: live order book, 13 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 MEXC live order book, 19 min ago | 2.51 bp | 19.6 bp −$20 | 71.3 bp −$713 | 272.9 bp −$27.3K | 808.6 bp −$404.3K |
| Sell Binance live order book, 13 min ago | 2.52 bp | 18.9 bp −$19 | 213.8 bp −$2,138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2040 | −0.064% | $720K | $768K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2041 | −0.005% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0234% | 4h | 0.2050 | +0.441% | $1.0M | $414K | 20x | as long as short |
| BloFin ARX-USDT | +0.0412% | 4h | 0.2027 | −0.686% | $239K | $48K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0544% | 4h | 0.2041 | 0.000% | $741K | $3.0M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0636% | 4h | 0.2041 | long leg | $886K | $420K | 20x | |
| Binance ARXUSDTshort | +0.0637% | 4h | 0.2042 | +0.025% | $5.5M | $11.2M | 20x | |
| Aster ARXUSDT | +0.0852% | 4h | 0.2043 | +0.094% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDT | +0.1572% | 4h | 0.2043 | +0.098% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1680% | 4h | 0.2042 | +0.049% | $4.2M | $2.3M | 20x | as long as short |
MEXC ARX_USDT
Binance ARXUSDT
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT