ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against Binance−0.018%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1121.116% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.018%, 7d avg −0.038%

Together, before fees−0.059%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARXUSDT	0.2011	0.0339	pay 0.0169% / 4h	23m 24s	$5.4M	$11.1M	20x
Short	MEXC ARX_USDT	0.2011	0.0338	get 0.0169% / 4h	23m 24s	$855K	$404K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$0.18
Price spread: −0.018% → −0.038%: $2.03
Slippage, 4 orders: −$93.57
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$109.73
Costs to cover: 1.116%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 47 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 Binance live order book, 2 min ago	2.49 bp	34.6 bp −$35	285.4 bp −$2,854	doesn't fit	doesn't fit
Sell MEXC live order book, 47 min ago	2.47 bp	18.5 bp −$19	121.2 bp −$1,212	324.1 bp −$32.4K	896.5 bp −$448.3K

ARX on 10 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
KuCoin ARXUSDTM	+0.0100%	4h	0.2009	−0.092%	$701K	$712K	20x	as long as short
Gate ARX_USDT	+0.0104%	4h	0.2021	+0.480%	$1.0M	$413K	20x	as long as short
MEXC ARX_USDTshort	+0.0338%	4h	0.2011	−0.018%	$855K	$404K	20x
Binance ARXUSDTlong	+0.0339%	4h	0.2011	long leg	$5.4M	$11.1M	20x
OKX ARX-USDT-SWAP	+0.0373%	4h	0.2011	−0.018%	$720K	$3.0M	20x	as long as short
Bitget ARXUSDT	+0.0414%	4h	0.2012	+0.027%	$1.9M	$1.7M	20x	as long as short
BloFin ARX-USDT	+0.0416%	4h	0.2023	+0.579%	$237K	$51K	20x	as long as short
Aster ARXUSDT	+0.0493%	4h	0.2014	+0.150%	$87K	$93K	10x	as long as short
Bybit ARXUSDT	+0.0574%	4h	0.2015	+0.181%	$4.0M	$2.3M	20x	as long as short
BingX ARX-USDT	+0.0584%	4h	0.2017	+0.281%	—	$1.7M	—	as long as short