Funding you earn now, next payment 12:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h −0.139%
Price spread now: Bitget against MEXC−0.054%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1701.702% of the position
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.054%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.080% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2208 | 0.0342 | pay 0.0171% / 4h | 2h 59m | $883K | $470K | 20x |
| Short | Bitget ARXUSDT | 0.2207 | 0.0100 | get 0.0050% / 4h | 2h 59m | $2.1M | $1.9M | 20x |
MEXC ARX_USDT
Bitget ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$50.82
- Price spread: −0.054% → +0.026%
- −$8.01
- Slippage, 4 orders
- −$150.22
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$229.06
- Costs to cover
- 1.702%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Bitget: live order book, 2 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, 21 min ago | 2.28 bp | 18.9 bp −$19 | 62.8 bp −$628 | 283.8 bp −$28.4K | 777.4 bp −$388.7K |
| Sell Bitget live order book, 2 min ago | 7.67 bp | 68.1 bp −$68 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARXUSDT | +0.0100% | 4h | 0.2209 | +0.045% | $4.4M | $3.0M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2204 | −0.181% | $792K | $3.9M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2221 | +0.589% | $1.1M | $493K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2205 | −0.113% | $774K | $979K | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0100% | 4h | 0.2207 | −0.054% | $2.1M | $1.9M | 20x | |
| BloFin ARX-USDT | +0.0151% | 4h | 0.2206 | −0.091% | $250K | $52K | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0342% | 4h | 0.2208 | long leg | $883K | $470K | 20x | |
| Binance ARXUSDT | +0.0344% | 4h | 0.2208 | −0.015% | $5.8M | $12.8M | 20x | as long as short |
| BingX ARX-USDT | +0.0362% | 4h | 0.2208 | 0.000% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0617% | 4h | 0.2206 | −0.111% | $84K | $106K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT