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: BloFin against MEXC+0.022%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on MEXC Short on BloFin

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)+0.076%+$8 · spread now +0.022%, 7d avg −0.065%

Together, before fees+0.189%+$19 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 0.087% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AR_USDT	4.4740	0.0100	pay 0.0100% / 8h	4h 14m	$6.4M	$4.2M	100x
Short	BloFin AR-USDT	4.4750	0.0220	get 0.0220% / 8h	4h 14m	$422K	$469K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $25.2
Price spread: +0.022% → −0.065%: $8.74
Slippage, 4 orders: −$26.19
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.25
Costs to cover: 0.422%
Break-even: 9.3 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 21 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, 3 min ago	1.12 bp	3.1 bp −$3	17.6 bp −$176	207.5 bp −$20.8K	doesn't fit
Sell BloFin live order book, 21 min ago	5.59 bp	19.4 bp −$19	35.1 bp −$351	171.8 bp −$17.2K	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
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.4708	−0.073%	$575K	—	50x	as long as short
OKX AR-USDT-SWAP	+0.0045%	8h	4.4710	−0.067%	$2.3M	$17.7M	20x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4760	+0.046%	$26K	$478K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.4740	−0.001%	$8.8M	$49.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4727	−0.029%	$4.6M	$8.2M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4740	0.000%	$2.5M	$1.9M	50x	as long as short
MEXC AR_USDTlong	+0.0100%	8h	4.4740	long leg	$6.4M	$4.2M	100x
KuCoin ARUSDTM	+0.0100%	8h	4.4730	−0.022%	$1.1M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4710	−0.067%	$3.9M	$5.0M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.4740	0.000%	—	$2.8M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AR	+0.0100%	8h	4.4682	−0.129%	$236K	$246K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4740	0.000%	$19K	$720K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.4732	−0.017%	$36K	$234K	10x	as long as short
Hyperliquid AR	+0.0171%	1h	4.4796	+0.125%	$4.0M	$4.3M	5x	as long as short
BloFin AR-USDTshort	+0.0220%	8h	4.4750	+0.022%	$422K	$469K	20x
Kraken Futures PF_ARUSD	+0.0695%	1h	4.4681	−0.132%	$60K	$159K	20x	as long as short
Injective AR/USDC PERP	+0.0854%	1h	4.4770	+0.067%	$2K	$5K	5.5x	as long as short