Funding you earn now, next payment 00:00 UTC−0.0287%/8h= −31.4% APRnext payment −$1.43 per $10,000 · paid last 24h −0.123%
Price spread now: BloFin against BingX+0.198%51s7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1431.433% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 3 days (all we have)−0.411%−$41 · spread now +0.198%, 7d avg −0.074%
=The price spread pays, funding is against you. BloFin is 0.271% dearer against BingX than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of −0.074%): +$27 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2024 | 0.0486 | pay 0.0243% / 4h | 2h 12m | — | $1.7M | — |
| Short | BloFin ARX-USDT | 0.2028 | 0.0199 | get 0.0100% / 4h | 2h 12m | $238K | $51K | 20x |
BingX ARX-USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.26
- Price spread: +0.198% → −0.074%
- $27.14
- Slippage, 4 orders
- −$121.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$176.4
- Costs to cover
- 1.433%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: 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 BingX live order book, 5 min ago | 7.39 bp | 37.9 bp −$38 | 202.8 bp −$2,028 | 1285.5 bp −$128.6K | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.93 bp | 27.2 bp −$27 | 158.9 bp −$1,589 | 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 | 0.2029 | +0.247% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0118% | 4h | 0.2027 | +0.148% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0172% | 4h | 0.2025 | +0.030% | $731K | $651K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0180% | 4h | 0.2026 | +0.099% | $718K | $2.9M | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0199% | 4h | 0.2028 | +0.198% | $238K | $51K | 20x | |
| Bybit ARXUSDT | +0.0424% | 4h | 0.2025 | +0.049% | $4.0M | $2.3M | 20x | as long as short |
| Binance ARXUSDT | +0.0433% | 4h | 0.2023 | −0.049% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0440% | 4h | 0.2024 | 0.000% | $883K | $401K | 20x | as long as short |
| BingX ARX-USDTlong | +0.0486% | 4h | 0.2024 | long leg | — | $1.7M | — | |
| Aster ARXUSDT | +0.0744% | 4h | 0.2024 | +0.013% | $102K | $72K | 10x | as long as short |
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT