ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0458%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.116%

Price spread now: BingX against KuCoin+0.149%7-day average +0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs−$476as in the Funding arb table

Net, price: spread back to 7d avg − costs−$514as in the Price arb table

costs, in and out, $10k−$5185.185% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.430%+$43 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.149%, 7d avg +0.110%

Together, before fees+0.449%+$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BingX is 0.040% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.110%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARXUSDTM	0.2008	0.0100	pay 0.0050% / 4h	19m 54s	$696K	$717K	20x
Short	BingX ARX-USDT	0.2011	0.0558	get 0.0279% / 4h	19m 54s	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $96.18
Price spread: +0.149% → +0.110%: $3.96
Slippage, 4 orders: −$496.46
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$418.32
Costs to cover: 5.185%
Break-even: 37.4 days

Slippage from KuCoin: live order book, 44 min ago; BingX: 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 KuCoin live order book, 44 min ago	14.20 bp	207.7 bp −$208	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	7.49 bp	30.1 bp −$30	138.7 bp −$1,387	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
KuCoin ARXUSDTMlong	+0.0100%	4h	0.2008	long leg	$696K	$717K	20x
Gate ARX_USDT	+0.0116%	4h	0.2019	+0.548%	$1.0M	$415K	20x	as long as short
MEXC ARX_USDT	+0.0322%	4h	0.2008	0.000%	$852K	$405K	20x	as long as short
Binance ARXUSDT	+0.0322%	4h	0.2011	+0.149%	$5.4M	$11.1M	20x	as long as short
OKX ARX-USDT-SWAP	+0.0354%	4h	0.2009	+0.050%	$721K	$3.0M	20x	as long as short
BloFin ARX-USDT	+0.0356%	4h	0.2006	−0.100%	$233K	$50K	20x	as long as short
Bitget ARXUSDT	+0.0396%	4h	0.2012	+0.214%	$1.9M	$1.7M	20x	as long as short
Aster ARXUSDT	+0.0478%	4h	0.2010	+0.090%	$85K	$94K	10x	as long as short
Bybit ARXUSDT	+0.0533%	4h	0.2011	+0.149%	$4.0M	$2.3M	20x	as long as short
BingX ARX-USDTshort	+0.0558%	4h	0.2011	+0.149%	—	$1.7M	—