ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.081%

Price spread now: Binance against BloFin+0.130%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1301.301% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.423%+$42 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.130%, 7d avg +0.038%

Together, before fees+0.464%+$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.091% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread 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	BloFin ARX-USDT	0.2014	0.0453	pay 0.0226% / 4h	3h 35m	$236K	$49K	20x
Short	Binance ARXUSDT	0.2017	0.0501	get 0.0250% / 4h	3h 35m	$5.5M	$11.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.130%Rate

Funding earned: $10.15
Price spread: +0.130% → +0.038%: $9.12
Slippage, 4 orders: −$108.14
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$110.87
Costs to cover: 1.301%
Break-even: 83.5 days

Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 5 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 BloFin live order book, 30 min ago	2.48 bp	26.6 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.49 bp	41.1 bp −$41	228.8 bp −$2,288	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	0.2019	+0.248%	$1.0M	$413K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.2012	−0.094%	$711K	$742K	20x	as long as short
Bitget ARXUSDT	+0.0270%	4h	0.2016	+0.084%	$1.9M	$1.7M	20x	as long as short
BloFin ARX-USDTlong	+0.0453%	4h	0.2014	long leg	$236K	$49K	20x
OKX ARX-USDT-SWAP	+0.0458%	4h	0.2019	+0.248%	$733K	$3.0M	20x	as long as short
MEXC ARX_USDT	+0.0486%	4h	0.2016	+0.099%	$877K	$418K	20x	as long as short
Binance ARXUSDTshort	+0.0501%	4h	0.2017	+0.130%	$5.5M	$11.2M	20x
Aster ARXUSDT	+0.0685%	4h	0.2009	−0.260%	$80K	$99K	10x	as long as short
Bybit ARXUSDT	+0.1348%	4h	0.2018	+0.199%	$4.1M	$2.3M	20x	as long as short
BingX ARX-USDT	+0.1398%	4h	0.2018	+0.199%	—	$1.7M	—	as long as short