Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against MEXC−0.050%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.050%, 7d avg +0.038%
=Funding pays, the price is against you. Binance is 0.088% cheaper against MEXC than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.038%). If the spread goes back, that is −$9 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.007% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARX_USDT | 0.2014 | 0.0526 | pay 0.0263% / 4h | 3h 32m | $877K | $418K | 20x |
| Short | Binance ARXUSDT | 0.2013 | 0.0544 | get 0.0272% / 4h | 3h 32m | $5.4M | $11.2M | 20x |
MEXC ARX_USDT
Binance ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $3.8
- Price spread: −0.050% → +0.038%
- −$8.78
- Slippage, 4 orders
- −$93.68
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.65
- Costs to cover
- 1.117%
- Break-even
- 221.8 days
Slippage from MEXC: live order book, 34 min ago; Binance: live order book, 8 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 MEXC live order book, 34 min ago | 2.48 bp | 17.1 bp −$17 | 106.3 bp −$1,063 | 265.2 bp −$26.5K | 633.1 bp −$316.6K |
| Sell Binance live order book, 8 min ago | 2.49 bp | 41.1 bp −$41 | 228.8 bp −$2,288 | 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 | 0.2021 | +0.348% | $1.0M | $413K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2013 | −0.055% | $711K | $741K | 20x | as long as short |
| Bitget ARXUSDT | +0.0252% | 4h | 0.2013 | −0.040% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0421% | 4h | 0.2015 | +0.050% | $236K | $49K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0478% | 4h | 0.2014 | 0.000% | $732K | $3.0M | 20x | as long as short |
| MEXC ARX_USDTlong | +0.0526% | 4h | 0.2014 | long leg | $877K | $418K | 20x | |
| Binance ARXUSDTshort | +0.0544% | 4h | 0.2013 | −0.050% | $5.4M | $11.2M | 20x | |
| Aster ARXUSDT | +0.0721% | 4h | 0.2012 | −0.099% | $81K | $100K | 10x | as long as short |
| BingX ARX-USDT | +0.1470% | 4h | 0.2015 | +0.050% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1637% | 4h | 0.2017 | +0.149% | $4.1M | $2.3M | 20x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT