Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.085%
Price spread now: Binance against OKX−0.146%7-day average +0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1341.344% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 7 days+0.381%+$38 · spread now −0.146%, 7d avg +0.158%
=Funding pays, the price is against you. Binance is 0.304% cheaper against OKX than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.158%). If the spread goes back, that is −$30 on $10k: about 12 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.426% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2050 | 0.0559 | pay 0.0279% / 4h | 2h 44m | $746K | $3.0M | 20x |
| Short | Binance ARXUSDT | 0.2047 | 0.0641 | get 0.0321% / 4h | 2h 44m | $5.5M | $11.2M | 20x |
OKX ARX-USDT-SWAP
Binance ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $17.35
- Price spread: −0.146% → +0.158%
- −$30.39
- Slippage, 4 orders
- −$114.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.44
- Costs to cover
- 1.344%
- Break-even
- 66.5 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 11 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 OKX live order book, 3 min ago | 4.88 bp | 40.2 bp −$40 | 3794.1 bp −$37.9K | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 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 | 0.2047 | −0.122% | $719K | $764K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2051 | +0.063% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0274% | 4h | 0.2063 | +0.634% | $1.0M | $414K | 20x | as long as short |
| BloFin ARX-USDT | +0.0412% | 4h | 0.2027 | −1.122% | $239K | $48K | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0559% | 4h | 0.2050 | long leg | $746K | $3.0M | 20x | |
| MEXC ARX_USDT | +0.0632% | 4h | 0.2049 | −0.049% | $891K | $420K | 20x | as long as short |
| Binance ARXUSDTshort | +0.0641% | 4h | 0.2047 | −0.146% | $5.5M | $11.2M | 20x | |
| Aster ARXUSDT | +0.0857% | 4h | 0.2046 | −0.195% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDT | +0.1336% | 4h | 0.2048 | −0.098% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1655% | 4h | 0.2049 | −0.049% | $4.2M | $2.3M | 20x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
BloFin ARX-USDT
MEXC ARX_USDT
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT