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

ARX

all ARX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0353%/8h= −38.7% APRnext payment $1.77 per $10,000 · paid last 24h −0.192%
Price spread now: KuCoin against Aster−0.270%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$746as in the Price arb table
costs, in and out, $10k−$7237.234% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.714%−$71 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.270%, 7d avg −0.046%
Together, before fees−0.761%+ Points / potential airdropAster: Stage 5 · farm board−$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.223% cheaper against Aster than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARXUSDT0.21760.0453pay 0.0227% / 4h1h 56m$83K$107K10x
ShortKuCoin ARXUSDTM0.21700.0100get 0.0050% / 4h1h 56m$759K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$74.14
Price spread: −0.270% → −0.046%
−$22.35
Slippage, 4 orders
−$703.42
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$819.91
Costs to cover
7.234%
Break-even
never at this rate
Slippage from Aster: live order book, 52 min ago; KuCoin: live order book, 1 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 Aster live order book, 52 min ago15.99 bp74.1 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago8.02 bp329.0 bp −$329doesn't fitdoesn't fitdoesn't fit

ARX on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARXUSDT+0.0100%4h0.2170−0.284%$4.3M$3.0M20xas long as short
OKX ARX-USDT-SWAP+0.0100%4h0.2169−0.330%$785K$3.9M20xas long as short
Gate ARX_USDT+0.0100%4h0.2184+0.360%$1.1M$497K20xas long as short
KuCoin ARXUSDTMshort+0.0100%4h0.2170−0.270%$759K$1.0M20x
Bitget ARXUSDT+0.0100%4h0.2171−0.219%$2.1M$1.9M20xas long as short
BloFin ARX-USDT+0.0107%4h0.2183+0.314%$251K$46K20xas long as short
Binance ARXUSDT+0.0190%4h0.2170−0.262%$5.7M$12.9M20xas long as short
MEXC ARX_USDT+0.0190%4h0.2168−0.376%$865K$482K20xas long as short
BingX ARX-USDT+0.0194%4h0.2169−0.330%$1.7Mas long as short
Aster ARXUSDTlong+0.0453%4h0.2176long leg$83K$107K10x