AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.4% APRnext payment +$1.95 per $10,000 · paid last 24h +0.046%

Price spread now: BingX against OKX+0.022%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.022%, 7d avg +0.023%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AR-USDT-SWAP	4.5570	−0.0095	get 0.0095% / 8h	6h 01m	$2.3M	$19.3M	20x
Short	BingX AR-USDT	4.5580	0.0100	get 0.0100% / 8h	6h 01m	—	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $41
Price spread: +0.022% → +0.023%: −$0.11
Slippage, 4 orders: −$59.04
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$38.15
Costs to cover: 0.790%
Break-even: 13.5 days

Slippage from OKX: live order book, 2 min ago; BingX: live order book, 3 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 OKX live order book, 2 min ago	2.21 bp	19.9 bp −$20	143.5 bp −$1,435	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	5.51 bp	20.8 bp −$21	38.2 bp −$382	282.0 bp −$28.2K	672.7 bp −$336.3K

AR on 16 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	−0.1677%	1h	4.5694	+0.273%	$56K	$149K	20x	as long as short
Injective AR/USDC PERP	−0.0353%	1h	4.6110	+1.185%	$2K	$2K	5.5x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5441	−0.283%	$584K	—	50x	as long as short
OKX AR-USDT-SWAPlong	−0.0095%	8h	4.5570	long leg	$2.3M	$19.3M	20x
MEXC AR_USDT	+0.0079%	8h	4.5610	+0.088%	$6.5M	$4.3M	100x	as long as short
Binance ARUSDT	+0.0080%	8h	4.5589	+0.041%	$9.1M	$52.3M	75x	as long as short
Extended AR-USD	+0.0080%	1h	4.5594	+0.053%	$37K	$240K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5640	+0.154%	$4.1M	$4.6M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5586	+0.034%	$19K	$500K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5570	0.000%	$4.7M	$8.5M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5580	+0.022%	$2.5M	$2.2M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5570	0.000%	$1.2M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5570	0.000%	$3.9M	$5.4M	75x	as long as short
BingX AR-USDTshort	+0.0100%	8h	4.5580	+0.022%	—	$2.8M	—
Variational Omni AR	+0.0100%	8h	4.5342	−0.500%	$235K	$261K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5410	−0.351%	$20K	$749K	50x	as long as short