AR

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

Long on MEXC Short on BingX

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.5960	0.0005	pay 0.0005% / 8h	7h 55m	$6.7M	$4.4M	100x
Short	BingX AR-USDT	4.5920	0.0100	get 0.0100% / 8h	7h 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now −0.087%Rate

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	1.08 bp	3.1 bp −$3	16.8 bp −$168	214.0 bp −$21.4K	doesn't fit
Sell BingX live order book, 14 min ago	4.33 bp	19.4 bp −$19	38.3 bp −$383	301.3 bp −$30.1K	729.8 bp −$364.9K

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARUSD	−0.2403%	1h	4.5957	−0.006%	$52K	$163K	20x	as long as short
ApeX Omni ARUSDT	−0.0553%	1h	4.6270	+0.674%	$23K	$762K	50x	as long as short
Bybit ARUSDT	−0.0169%	8h	4.5930	−0.065%	$4.6M	$8.8M	75x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5984	+0.052%	$591K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0113%	8h	4.5880	−0.174%	$2.4M	$20.8M	20x	as long as short
Extended AR-USD	0.0000%	1h	4.5941	−0.042%	$37K	$234K	10x	as long as short
Binance ARUSDT	+0.0003%	8h	4.5940	−0.044%	$9.2M	$55.3M	75x	as long as short
MEXC AR_USDTlong	+0.0005%	8h	4.5960	long leg	$6.7M	$4.4M	100x
BloFin AR-USDT	+0.0032%	8h	4.6170	+0.457%	$439K	$619K	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.522%	$3K	$239	5.5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AR	+0.0100%	1h	4.6086	+0.274%	$4.2M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.6106	+0.317%	$20K	$606K	10x	as long as short
Gate AR_USDT	+0.0100%	8h	4.5980	+0.044%	$2.6M	$2.2M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6090	+0.283%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5900	−0.131%	$3.9M	$5.7M	75x	as long as short
BingX AR-USDTshort	+0.0100%	8h	4.5920	−0.087%	—	$2.9M	—
Variational Omni AR	+0.0100%	8h	4.6169	+0.454%	$143K	$171K	—	as long as short