Funding you earn now, next payment 00:00 UTC−0.0155%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Bitget−0.075%75s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as 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−$1301.301% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.075%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.043% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 75 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 | Bitget ARXUSDT | 0.2008 | 0.0226 | pay 0.0113% / 4h | 1h 28m | $1.9M | $1.7M | 20x |
| Short | BloFin ARX-USDT | 0.2006 | 0.0071 | get 0.0036% / 4h | 1h 28m | $235K | $51K | 20x |
Bitget ARXUSDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$32.46
- Price spread: −0.075% → −0.031%
- −$4.34
- Slippage, 4 orders
- −$106.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$166.87
- Costs to cover
- 1.301%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 48 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 Bitget live order book, 4 min ago | 7.96 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDTshort | +0.0071% | 4h | 0.2006 | −0.075% | $235K | $51K | 20x | |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2009 | +0.075% | $717K | $2.9M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2015 | +0.374% | $1.0M | $430K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2006 | −0.070% | $697K | $678K | 20x | as long as short |
| Bitget ARXUSDTlong | +0.0226% | 4h | 0.2008 | long leg | $1.9M | $1.7M | 20x | |
| MEXC ARX_USDT | +0.0314% | 4h | 0.2006 | −0.075% | $861K | $402K | 20x | as long as short |
| Binance ARXUSDT | +0.0314% | 4h | 0.2006 | −0.075% | $5.5M | $11.0M | 20x | as long as short |
| Bybit ARXUSDT | +0.0548% | 4h | 0.2008 | +0.025% | $4.0M | $2.3M | 20x | as long as short |
| BingX ARX-USDT | +0.0552% | 4h | 0.2006 | −0.075% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0554% | 4h | 0.2007 | −0.025% | $101K | $73K | 10x | as long as short |
OKX ARX-USDT-SWAP
Gate ARX_USDT
KuCoin ARXUSDTM
MEXC ARX_USDT
Binance ARXUSDT
Bybit ARXUSDT
BingX ARX-USDT
Aster ARXUSDT