Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.087%
Price spread now: OKX against MEXC+0.148%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.148%, 7d avg −0.039%
=The price spread pays, funding is against you. OKX is 0.186% dearer against MEXC than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.039%): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 54 days. At the pace of the last 7 days (−0.418% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2032 | 0.0546 | pay 0.0273% / 4h | 3h 30m | $873K | $398K | 20x |
| Short | OKX ARX-USDT-SWAP | 0.2035 | 0.0535 | get 0.0267% / 4h | 3h 30m | $725K | $2.9M | 20x |
MEXC ARX_USDT
OKX ARX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$2.41
- Price spread: +0.148% → −0.039%
- $18.63
- Slippage, 4 orders
- −$135.09
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$136.87
- Costs to cover
- 1.531%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 14 min ago; OKX: 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, 14 min ago | 2.49 bp | 19.5 bp −$19 | 118.0 bp −$1,180 | 308.5 bp −$30.8K | 859.7 bp −$429.8K |
| Sell OKX live order book, 2 min ago | 7.36 bp | 57.5 bp −$58 | 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 | 0.2038 | +0.295% | $1.0M | $424K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2034 | +0.094% | $1.9M | $1.7M | 20x | as long as short |
| Bybit ARXUSDT | +0.0279% | 4h | 0.2030 | −0.098% | $4.0M | $2.3M | 20x | as long as short |
| BingX ARX-USDT | +0.0506% | 4h | 0.2032 | 0.000% | — | $1.7M | — | as long as short |
| BloFin ARX-USDT | +0.0534% | 4h | 0.2036 | +0.197% | $239K | $52K | 20x | as long as short |
| OKX ARX-USDT-SWAPshort | +0.0535% | 4h | 0.2035 | +0.148% | $725K | $2.9M | 20x | |
| MEXC ARX_USDTlong | +0.0546% | 4h | 0.2032 | long leg | $873K | $398K | 20x | |
| Binance ARXUSDT | +0.0577% | 4h | 0.2033 | +0.029% | $5.6M | $10.9M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0614% | 4h | 0.2028 | −0.177% | $749K | $644K | 20x | as long as short |
| Aster ARXUSDT | +0.0967% | 4h | 0.2026 | −0.313% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
Bitget ARXUSDT
Bybit ARXUSDT
BingX ARX-USDT
BloFin ARX-USDT
Binance ARXUSDT
KuCoin ARXUSDTM
Aster ARXUSDT