AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin−0.142%49s7-day average +0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.357% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.142%, 7d avg +0.064%

Together, before fees−0.102%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.206% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.2280	0.0220	pay 0.0220% / 8h	1h 48m	$411K	$457K	20x
Short	MEXC AR_USDT	4.2220	0.0100	get 0.0100% / 8h	1h 48m	$5.9M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.142%Rate

Funding earned: −$25.2
Price spread: −0.142% → +0.064%: −$20.56
Slippage, 4 orders: −$19.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$81.48
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; MEXC: live order book, 4 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 BloFin live order book, 37 min ago	1.20 bp	19.7 bp −$20	37.7 bp −$377	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.19 bp	3.2 bp −$3	20.0 bp −$200	209.6 bp −$21.0K	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	−0.2678%	1h	4.2141	−0.330%	$52K	$185K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0550%	1h	4.2233	−0.111%	$542K	—	50x	as long as short
ApeX Omni ARUSDT	−0.0129%	1h	4.2200	−0.189%	$20K	$714K	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.4240	+4.636%	$2K	$5K	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.2263	−0.040%	$3.4M	$4.7M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.2234	−0.109%	$42K	$456K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.2233	−0.111%	$8.4M	$52.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.2188	−0.218%	$4.2M	$9.4M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.2200	−0.189%	$2.2M	$17.2M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.2180	−0.237%	$2.0M	$3.3M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AR_USDTshort	+0.0100%	8h	4.2220	−0.142%	$5.9M	$4.2M	100x
KuCoin ARUSDTM	+0.0100%	8h	4.2200	−0.189%	$1.1M	$1.3M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.2190	−0.213%	$3.7M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.2220	−0.142%	—	$2.8M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.2128	−0.359%	$238K	$629K	—	as long as short
Extended AR-USD	+0.0104%	1h	4.2220	−0.142%	$35K	$243K	10x	as long as short
BloFin AR-USDTlong	+0.0220%	8h	4.2280	long leg	$411K	$457K	20x