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

ARX

all ARX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0258%/8h= −28.3% APRnext payment $1.29 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against BingX−0.084%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$794as in the Funding arb table
Net, price: spread back to 7d avg − costs−$748as in the Price arb table
costs, in and out, $10k−$7517.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.430%−$43 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.084%, 7d avg −0.109%
Together, before fees−0.541%−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.109%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARX-USDT0.20200.0392pay 0.0196% / 4h1h 58m$1.6M
ShortKuCoin ARXUSDTM0.20180.0134get 0.0067% / 4h1h 58m$728K$652K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
−$54.18
Price spread: −0.084% → −0.109%
$2.49
Slippage, 4 orders
−$728.99
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$802.68
Costs to cover
7.510%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 15 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 BingX live order book, 3 min ago9.92 bp41.1 bp −$41208.8 bp −$2,0881256.3 bp −$125.6K1509.5 bp −$754.8K
Sell KuCoin live order book, 15 min ago11.11 bp363.0 bp −$363doesn't fitdoesn't fitdoesn't fit

ARX on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ARX_USDT+0.0100%4h0.2024+0.198%$1.0M$428K20xas long as short
KuCoin ARXUSDTMshort+0.0134%4h0.2018−0.084%$728K$652K20x
BloFin ARX-USDT+0.0156%4h0.2016−0.198%$238K$51K20xas long as short
OKX ARX-USDT-SWAP+0.0173%4h0.2022+0.099%$719K$2.9M20xas long as short
Bitget ARXUSDT+0.0236%4h0.2026+0.302%$1.9M$1.7M20xas long as short
Bybit ARXUSDT+0.0297%4h0.20200.000%$4.0M$2.3M20xas long as short
Binance ARXUSDT+0.0379%4h0.2024+0.198%$5.5M$11.0M20xas long as short
MEXC ARX_USDT+0.0390%4h0.20200.000%$867K$399K20xas long as short
BingX ARX-USDTlong+0.0392%4h0.2020long leg$1.6M
Aster ARXUSDT+0.0675%4h0.2019−0.064%$101K$72K10xas long as short