AR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.015%

Price spread now: BloFin against BingX+0.116%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$710.714% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.116%, 7d avg −0.006%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.122% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AR-USDT	4.3050	0.0100	pay 0.0100% / 8h	7h 45m	—	$2.7M	—
Short	BloFin AR-USDT	4.3100	0.0220	get 0.0220% / 8h	7h 45m	$416K	$446K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.116%Rate

Funding earned: $25.2
Price spread: +0.116% → −0.006%: $12.19
Slippage, 4 orders: −$49.4
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.01
Costs to cover: 0.714%
Break-even: 16.4 days

Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 31 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 BingX live order book, 4 min ago	4.64 bp	16.1 bp −$16	60.2 bp −$602	425.1 bp −$42.5K	679.7 bp −$339.9K
Sell BloFin live order book, 31 min ago	3.50 bp	22.2 bp −$22	44.9 bp −$449	doesn't fit	doesn't fit

AR on 17 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
Kraken Futures PF_ARUSD	−0.1003%	1h	4.3052	+0.005%	$53K	$135K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.3068	+0.042%	$554K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+2.764%	$2K	$5K	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.3140	+0.209%	$3.9M	$4.5M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.3066	+0.037%	$32K	$255K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.3070	+0.046%	$8.5M	$44.7M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.3080	+0.070%	$4.5M	$8.3M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.3040	−0.023%	$2.3M	$14.4M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.3040	−0.023%	$2.0M	$3.1M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.3070	+0.046%	$6.1M	$3.7M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.3030	−0.046%	$1.1M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.3020	−0.070%	$3.7M	$4.9M	75x	as long as short
BingX AR-USDTlong	+0.0100%	8h	4.3050	long leg	—	$2.7M	—
Variational Omni AR	+0.0100%	8h	4.3143	+0.216%	$247K	$513K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.3220	+0.395%	$21K	$707K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.3058	+0.019%	$36K	$244K	10x	as long as short
BloFin AR-USDTshort	+0.0220%	8h	4.3100	+0.116%	$416K	$446K	20x