Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against MEXC−0.087%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 7 days+0.081%+$8 · spread now −0.087%, 7d avg −0.045%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.042% cheaper against MEXC than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.045%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.055% in total) that is about 5.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AR_USDT4.59600.0005pay 0.0005% / 8h7h 55m$6.7M$4.4M100x
ShortBingX AR-USDT4.59200.0100get 0.0100% / 8h7h 55m$2.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Funding earned
$19.95
Price spread: −0.087% → −0.045%
−$4.23
Slippage, 4 orders
−$29.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$28.19
Costs to cover
0.439%
Break-even
16.9 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.08 bp3.1 bp −$316.8 bp −$168214.0 bp −$21.4Kdoesn't fit
Sell BingX live order book, 14 min ago4.33 bp19.4 bp −$1938.3 bp −$383301.3 bp −$30.1K729.8 bp −$364.9K

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.2403%1h4.5957−0.006%$52K$163K20xas long as short
ApeX Omni ARUSDT−0.0553%1h4.6270+0.674%$23K$762K50xas long as short
Bybit ARUSDT−0.0169%8h4.5930−0.065%$4.6M$8.8M75xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.5984+0.052%$591K50xas long as short
OKX AR-USDT-SWAP−0.0113%8h4.5880−0.174%$2.4M$20.8M20xas long as short
Extended AR-USD0.0000%1h4.5941−0.042%$37K$234K10xas long as short
Binance ARUSDT+0.0003%8h4.5940−0.044%$9.2M$55.3M75xas long as short
MEXC AR_USDTlong+0.0005%8h4.5960long leg$6.7M$4.4M100x
BloFin AR-USDT+0.0032%8h4.6170+0.457%$439K$619K20xas long as short
Injective AR/USDC PERP+0.0033%1h4.5720−0.522%$3K$2395.5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AR+0.0100%1h4.6086+0.274%$4.2M$4.9M5xas long as short
Aster ARUSDT+0.0100%8h4.6106+0.317%$20K$606K10xas long as short
Gate AR_USDT+0.0100%8h4.5980+0.044%$2.6M$2.2M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.6090+0.283%$1.4M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5900−0.131%$3.9M$5.7M75xas long as short
BingX AR-USDTshort+0.0100%8h4.5920−0.087%$2.9M
Variational Omni AR+0.0100%8h4.6169+0.454%$143K$171Kas long as short