ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.80 per $10,000 · paid last 24h −0.086%

Price spread now: OKX against Binance+0.003%7-day average −0.155% · you sell dearer than you buy

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1991.991% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.428%−$43 on $10k

Price spread, last 7 days−0.217%−$22 · spread now +0.003%, 7d avg −0.155%

Together, before fees−0.645%−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.158% dearer against Binance than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.155%): +$16 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARXUSDT	0.2109	0.0616	pay 0.0308% / 4h	1h 09m	$5.7M	$11.5M	20x
Short	OKX ARX-USDT-SWAP	0.2109	0.0455	get 0.0228% / 4h	1h 09m	$751K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$33.74
Price spread: +0.003% → −0.155%: $15.8
Slippage, 4 orders: −$179.07
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$217.02
Costs to cover: 1.991%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; OKX: 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 Binance live order book, 16 min ago	4.73 bp	47.4 bp −$47	376.2 bp −$3,762	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	4.74 bp	57.8 bp −$58	doesn't fit	doesn't fit	doesn't fit

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
Gate ARX_USDT	+0.0100%	4h	0.2118	+0.430%	$1.1M	$438K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.2104	−0.248%	$739K	$810K	20x	as long as short
Bitget ARXUSDT	+0.0100%	4h	0.2109	+0.017%	$2.0M	$1.8M	20x	as long as short
OKX ARX-USDT-SWAPshort	+0.0455%	4h	0.2109	+0.003%	$751K	$3.3M	20x
Bybit ARXUSDT	+0.0510%	4h	0.2107	−0.092%	$4.3M	$2.4M	20x	as long as short
BloFin ARX-USDT	+0.0511%	4h	0.2108	−0.044%	$245K	$49K	20x	as long as short
BingX ARX-USDT	+0.0564%	4h	0.2110	+0.050%	—	$1.7M	—	as long as short
MEXC ARX_USDT	+0.0604%	4h	0.2108	−0.044%	$940K	$433K	20x	as long as short
Binance ARXUSDTlong	+0.0616%	4h	0.2109	long leg	$5.7M	$11.5M	20x
Aster ARXUSDT	+0.0900%	4h	0.2104	−0.234%	$80K	$96K	10x	as long as short