Funding you earn now, next payment 00:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against MEXC+0.248%7-day average +0.453% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,602as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,611as in the Price arb table
costs, in and out, $10k−$2,59025.904% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.248%, 7d avg +0.453%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.205% cheaper against MEXC than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.453%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2020 | 0.0414 | pay 0.0207% / 4h | 2h 05m | $881K | $402K | 20x |
| Short | Gate ARX_USDT | 0.2025 | 0.0100 | get 0.0050% / 4h | 2h 05m | $1.0M | $428K | 20x |
MEXC ARX_USDT
Gate ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$65.94
- Price spread: +0.248% → +0.453%
- −$20.5
- Slippage, 4 orders
- −$2,567.38
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,676.82
- Costs to cover
- 25.904%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; Gate: 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, 11 min ago | 4.94 bp | 21.7 bp −$22 | 124.3 bp −$1,243 | 322.0 bp −$32.2K | 848.3 bp −$424.1K |
| Sell Gate live order book, 2 min ago | 2.46 bp | 352.5 bp −$353 | 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_USDTshort | +0.0100% | 4h | 0.2025 | +0.248% | $1.0M | $428K | 20x | |
| BloFin ARX-USDT | +0.0136% | 4h | 0.2022 | +0.099% | $237K | $51K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0168% | 4h | 0.2021 | +0.030% | $729K | $651K | 20x | as long as short |
| Bitget ARXUSDT | +0.0188% | 4h | 0.2022 | +0.114% | $1.9M | $1.7M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0198% | 4h | 0.2020 | 0.000% | $718K | $2.9M | 20x | as long as short |
| Bybit ARXUSDT | +0.0349% | 4h | 0.2019 | −0.050% | $4.0M | $2.3M | 20x | as long as short |
| BingX ARX-USDT | +0.0408% | 4h | 0.2021 | +0.050% | — | $1.7M | — | as long as short |
| MEXC ARX_USDTlong | +0.0414% | 4h | 0.2020 | long leg | $881K | $402K | 20x | |
| Binance ARXUSDT | +0.0417% | 4h | 0.2020 | +0.024% | $5.5M | $11.0M | 20x | as long as short |
| Aster ARXUSDT | +0.0714% | 4h | 0.2020 | +0.012% | $101K | $72K | 10x | as long as short |
BloFin ARX-USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
OKX ARX-USDT-SWAP
Bybit ARXUSDT
BingX ARX-USDT
Binance ARXUSDT
Aster ARXUSDT