Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.078%
Price spread now: BloFin against MEXC−0.050%109s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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−$920.923% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 3 days (all we have)−0.035%−$4 · spread now −0.050%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 109 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 | MEXC ARX_USDT | 0.2015 | 0.0570 | pay 0.0285% / 4h | 3h 25m | $877K | $419K | 20x |
| Short | BloFin ARX-USDT | 0.2014 | 0.0502 | get 0.0251% / 4h | 3h 25m | $236K | $49K | 20x |
MEXC ARX_USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$14.23
- Price spread: −0.050% → −0.002%
- −$4.72
- Slippage, 4 orders
- −$72.29
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$111.23
- Costs to cover
- 0.923%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; BloFin: live order book, 40 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, 40 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 BloFin live order book, 40 min ago | 2.48 bp | 28.8 bp −$29 | 189.0 bp −$1,890 | 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 | 0.2022 | +0.347% | $1.0M | $413K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2013 | −0.079% | $712K | $743K | 20x | as long as short |
| Bitget ARXUSDT | +0.0212% | 4h | 0.2015 | −0.020% | $1.9M | $1.7M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0472% | 4h | 0.2017 | +0.099% | $733K | $3.0M | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0502% | 4h | 0.2014 | −0.050% | $236K | $49K | 20x | |
| MEXC ARX_USDTlong | +0.0570% | 4h | 0.2015 | long leg | $877K | $419K | 20x | |
| Binance ARXUSDT | +0.0574% | 4h | 0.2014 | −0.050% | $5.4M | $11.2M | 20x | as long as short |
| Aster ARXUSDT | +0.0745% | 4h | 0.2014 | −0.050% | $80K | $100K | 10x | as long as short |
| Bybit ARXUSDT | +0.1523% | 4h | 0.2017 | +0.099% | $4.1M | $2.3M | 20x | as long as short |
| BingX ARX-USDT | +0.1570% | 4h | 0.2016 | +0.050% | — | $1.7M | — | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
OKX ARX-USDT-SWAP
Binance ARXUSDT
Aster ARXUSDT
Bybit ARXUSDT
BingX ARX-USDT