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 − 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 −0.197%, 7d avg +0.074%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARX-USDT | 0.2028 | 0.0208 | pay 0.0104% / 4h | 2h 08m | $238K | $51K | 20x |
| Short | BingX ARX-USDT | 0.2024 | 0.0422 | get 0.0211% / 4h | 2h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 8 min ago | 4.93 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.39 bp | 47.3 bp −$47 | 185.5 bp −$1,855 | 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 | 0.2026 | −0.099% | $1.0M | $428K | 20x | as long as short |
| Bitget ARXUSDT | +0.0146% | 4h | 0.2025 | −0.128% | $1.9M | $1.7M | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0166% | 4h | 0.2022 | −0.286% | $729K | $651K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0191% | 4h | 0.2026 | −0.099% | $718K | $2.9M | 20x | as long as short |
| BloFin ARX-USDTlong | +0.0208% | 4h | 0.2028 | long leg | $238K | $51K | 20x | |
| Bybit ARXUSDT | +0.0349% | 4h | 0.2023 | −0.247% | $4.0M | $2.3M | 20x | as long as short |
| Binance ARXUSDT | +0.0410% | 4h | 0.2023 | −0.247% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0412% | 4h | 0.2022 | −0.296% | $882K | $401K | 20x | as long as short |
| BingX ARX-USDTshort | +0.0422% | 4h | 0.2024 | −0.197% | — | $1.7M | — | |
| Aster ARXUSDT | +0.0715% | 4h | 0.2022 | −0.304% | $102K | $72K | 10x | as long as short |
BloFin ARX-USDT
BingX ARX-USDT
Gate ARX_USDT
Bitget ARXUSDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT