Funding you earn now, next payment 08:00 UTC−0.0321%/8h= −35.2% APRnext payment −$1.61 per $10,000 · paid last 24h −0.090%
Price spread now: BloFin against MEXC−0.046%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.046%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.069% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2178 | 0.0404 | pay 0.0202% / 4h | 35m 19s | $892K | $460K | 20x |
| Short | BloFin ARX-USDT | 0.2177 | 0.0083 | get 0.0041% / 4h | 35m 19s | $249K | $45K | 20x |
MEXC ARX_USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$67.42
- Price spread: −0.046% → +0.023%
- −$6.87
- Slippage, 4 orders
- −$117.25
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$211.54
- Costs to cover
- 1.372%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 60 min ago; BloFin: live order book, 36 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, 60 min ago | 2.31 bp | 23.1 bp −$23 | 109.7 bp −$1,097 | 322.6 bp −$32.3K | 866.9 bp −$433.5K |
| Sell BloFin live order book, 36 min ago | 9.34 bp | 59.5 bp −$60 | 241.4 bp −$2,414 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDTshort | +0.0083% | 4h | 0.2177 | −0.046% | $249K | $45K | 20x | |
| Bybit ARXUSDT | +0.0100% | 4h | 0.2180 | +0.092% | $4.4M | $2.8M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2176 | −0.092% | $763K | $3.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2183 | +0.230% | $1.1M | $461K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2174 | −0.179% | $760K | $890K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2178 | −0.009% | $2.1M | $1.8M | 20x | as long as short |
| BingX ARX-USDT | +0.0398% | 4h | 0.2178 | 0.000% | — | $1.7M | — | as long as short |
| Binance ARXUSDT | +0.0404% | 4h | 0.2178 | −0.015% | $5.7M | $12.2M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0404% | 4h | 0.2178 | long leg | $892K | $460K | 20x | |
| Aster ARXUSDT | +0.0691% | 4h | 0.2174 | −0.173% | $83K | $110K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BingX ARX-USDT
Binance ARXUSDT
Aster ARXUSDT