ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.055%

Price spread now: Bitget against BloFin+0.087%75s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as 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−$2012.011% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.087%, 7d avg +0.001%

Together, before fees+0.087%+$9 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 Bitget is 0.086% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%. 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	BloFin ARX-USDT	0.2175	0.0066	pay 0.0033% / 4h	39m 55s	$247K	$45K	20x
Short	Bitget ARXUSDT	0.2177	0.0100	get 0.0050% / 4h	39m 55s	$2.1M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.087%Rate

Funding earned: $7.17
Price spread: +0.087% → +0.001%: $8.59
Slippage, 4 orders: −$177.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$185.38
Costs to cover: 2.011%
Break-even: 187.9 days

Slippage from BloFin: live order book, 31 min ago; Bitget: live order book, 2 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, 31 min ago	9.34 bp	32.3 bp −$32	259.8 bp −$2,598	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.88 bp	56.7 bp −$57	doesn't fit	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-USDTlong	+0.0066%	4h	0.2175	long leg	$247K	$45K	20x
Bybit ARXUSDT	+0.0100%	4h	0.2179	+0.184%	$4.4M	$2.8M	20x	as long as short
OKX ARX-USDT-SWAP	+0.0100%	4h	0.2176	+0.046%	$761K	$3.7M	20x	as long as short
Gate ARX_USDT	+0.0100%	4h	0.2186	+0.506%	$1.1M	$461K	20x	as long as short
KuCoin ARXUSDTM	+0.0100%	4h	0.2174	−0.064%	$760K	$893K	20x	as long as short
Bitget ARXUSDTshort	+0.0100%	4h	0.2177	+0.087%	$2.1M	$1.8M	20x
BingX ARX-USDT	+0.0398%	4h	0.2177	+0.092%	—	$1.7M	—	as long as short
Binance ARXUSDT	+0.0398%	4h	0.2177	+0.098%	$5.7M	$12.2M	20x	as long as short
MEXC ARX_USDT	+0.0402%	4h	0.2177	+0.092%	$888K	$459K	20x	as long as short
Aster ARXUSDT	+0.0688%	4h	0.2174	−0.058%	$83K	$110K	10x	as long as short