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 04:00 UTC+0.0261%/8h= +28.6% APRnext payment +$1.31 per $10,000 · paid last 24h −0.051%
Price spread now: OKX against Gate−0.486%7-day average −0.481% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,258as in the Price arb table
costs, in and out, $10k−$1,25812.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.291%−$29 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.486%, 7d avg −0.481%
Together, before fees−0.229%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.481%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.291%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARX_USDT0.20590.0336pay 0.0168% / 4h2h 19m$1.0M$416K20x
ShortOKX ARX-USDT-SWAP0.20490.0597get 0.0299% / 4h2h 19m$743K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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
$54.88
Price spread: −0.486% → −0.481%
−$0.46
Slippage, 4 orders
−$1,232.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$1,203.13
Costs to cover
12.575%
Break-even
160.5 days
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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 Gate live order book, 2 min ago7.27 bp762.0 bp −$762doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago4.87 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit

ARX on 9 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
KuCoin ARXUSDTM+0.0100%4h0.2047−0.602%$722K$779K20xas long as short
Bitget ARXUSDT+0.0100%4h0.2046−0.646%$2.0M$1.7M20xas long as short
Gate ARX_USDTlong+0.0336%4h0.2059long leg$1.0M$416K20x
OKX ARX-USDT-SWAPshort+0.0597%4h0.2049−0.486%$743K$3.1M20x
Binance ARXUSDT+0.0609%4h0.2046−0.644%$5.5M$11.2M20xas long as short
MEXC ARX_USDT+0.0610%4h0.2046−0.631%$902K$424K20xas long as short
Aster ARXUSDT+0.0860%4h0.2049−0.495%$78K$96K10xas long as short
Bybit ARXUSDT+0.1319%4h0.2048−0.534%$4.2M$2.3M20xas long as short
BingX ARX-USDT+0.1330%4h0.2045−0.680%$1.7Mas long as short