ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against BloFin−0.373%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$642as in the Funding arb table

Net, price: spread back to 7d avg − costs−$678as in the Price arb table

costs, in and out, $10k−$6446.440% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now −0.373%, 7d avg −0.036%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.337% cheaper against BloFin than usual: you would sell low and buy high (spread −0.373% now, against its 7-day average of −0.036%). If the spread goes back, that is −$34 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.019% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARX-USDT	0.2036	0.0534	pay 0.0267% / 4h	3h 30m	$239K	$52K	20x
Short	KuCoin ARXUSDTM	0.2028	0.0612	get 0.0306% / 4h	3h 30m	$749K	$644K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.373%Rate

Funding earned: $16.39
Price spread: −0.373% → −0.036%: −$33.71
Slippage, 4 orders: −$620.04
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$661.36
Costs to cover: 6.440%
Break-even: 289.4 days

Slippage from BloFin: live order book, 13 min ago; KuCoin: live order book, 13 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, 13 min ago	12.44 bp	36.1 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 13 min ago	12.19 bp	258.7 bp −$259	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
Gate ARX_USDT	+0.0100%	4h	0.2037	+0.049%	$1.0M	$424K	20x	as long as short
Bitget ARXUSDT	+0.0100%	4h	0.2034	−0.103%	$1.9M	$1.7M	20x	as long as short
Bybit ARXUSDT	+0.0329%	4h	0.2035	−0.049%	$4.0M	$2.3M	20x	as long as short
BingX ARX-USDT	+0.0506%	4h	0.2033	−0.147%	—	$1.7M	—	as long as short
OKX ARX-USDT-SWAP	+0.0531%	4h	0.2034	−0.098%	$724K	$2.9M	20x	as long as short
BloFin ARX-USDTlong	+0.0534%	4h	0.2036	long leg	$239K	$52K	20x
MEXC ARX_USDT	+0.0546%	4h	0.2034	−0.098%	$874K	$398K	20x	as long as short
Binance ARXUSDT	+0.0546%	4h	0.2033	−0.163%	$5.6M	$10.9M	20x	as long as short
KuCoin ARXUSDTMshort	+0.0612%	4h	0.2028	−0.373%	$749K	$644K	20x
Aster ARXUSDT	+0.0967%	4h	0.2025	−0.518%	$102K	$72K	10x	as long as short