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+0.0214%/8h= +23.4% APRnext payment +$1.07 per $10,000 · paid last 24h +0.123%
Price spread now: BingX against BloFin−0.197%51s7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1431.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.449%+$45 on $10k
Price spread, last 3 days (all we have)+0.411%+$41 · spread now −0.197%, 7d avg +0.074%
Together, before fees+0.859%+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.271% cheaper against BloFin than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of +0.074%). If the spread goes back, that is −$27 on $10k: about 4.2 days of funding at the current rate (+$6 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ARX-USDT0.20280.0208pay 0.0104% / 4h2h 08m$238K$51K20x
ShortBingX ARX-USDT0.20240.0422get 0.0211% / 4h2h 08m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$44.96
Price spread: −0.197% → +0.074%
−$27.1
Slippage, 4 orders
−$121.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$125.43
Costs to cover
1.433%
Break-even
26.5 days
Slippage from BloFin: live order book, 8 min ago; BingX: live order book, 9 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 BloFin live order book, 8 min ago4.93 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago7.39 bp47.3 bp −$47185.5 bp −$1,855doesn'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%4h0.2026−0.099%$1.0M$428K20xas long as short
Bitget ARXUSDT+0.0146%4h0.2025−0.128%$1.9M$1.7M20xas long as short
KuCoin ARXUSDTM+0.0166%4h0.2022−0.286%$729K$651K20xas long as short
OKX ARX-USDT-SWAP+0.0191%4h0.2026−0.099%$718K$2.9M20xas long as short
BloFin ARX-USDTlong+0.0208%4h0.2028long leg$238K$51K20x
Bybit ARXUSDT+0.0349%4h0.2023−0.247%$4.0M$2.3M20xas long as short
Binance ARXUSDT+0.0410%4h0.2023−0.247%$5.5M$11.0M20xas long as short
MEXC ARX_USDT+0.0412%4h0.2022−0.296%$882K$401K20xas long as short
BingX ARX-USDTshort+0.0422%4h0.2024−0.197%$1.7M
Aster ARXUSDT+0.0715%4h0.2022−0.304%$102K$72K10xas long as short