Funding you earn now, next payment 04:00 UTC+0.0255%/8h= +27.9% APRnext payment +$1.27 per $10,000 · paid last 24h +0.086%
Price spread now: Binance against OKX0.000%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1751.749% of the position
Funding, last 7 days+0.428%+$43 on $10k
+Price spread, last 7 days+0.204%+$20 · spread now 0.000%, 7d avg +0.154%
=Funding pays, the price is against you. Binance is 0.154% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.154%). If the spread goes back, that is −$15 on $10k: about 2.0 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2107 | 0.0135 | pay 0.0067% / 4h | 21m 09s | $750K | $3.3M | 20x |
| Short | Binance ARXUSDT | 0.2107 | 0.0390 | get 0.0195% / 4h | 21m 09s | $5.6M | $11.6M | 20x |
OKX ARX-USDT-SWAP
Binance ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $53.53
- Price spread: 0.000% → +0.154%
- −$15.37
- Slippage, 4 orders
- −$154.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$136.77
- Costs to cover
- 1.749%
- Break-even
- 24.9 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 4 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 OKX live order book, 1 min ago | 7.08 bp | 48.0 bp −$48 | 3161.9 bp −$31.6K | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.38 bp | 36.7 bp −$37 | 243.4 bp −$2,434 | 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 | 0.2121 | +0.664% | $1.1M | $438K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2115 | +0.375% | $739K | $816K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2105 | −0.085% | $2.0M | $1.8M | 20x | as long as short |
| BloFin ARX-USDT | +0.0127% | 4h | 0.2115 | +0.380% | $244K | $44K | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0135% | 4h | 0.2107 | long leg | $750K | $3.3M | 20x | |
| Bybit ARXUSDT | +0.0216% | 4h | 0.2113 | +0.285% | $4.3M | $2.4M | 20x | as long as short |
| MEXC ARX_USDT | +0.0362% | 4h | 0.2107 | 0.000% | $914K | $434K | 20x | as long as short |
| BingX ARX-USDT | +0.0374% | 4h | 0.2106 | −0.047% | — | $1.7M | — | as long as short |
| Binance ARXUSDTshort | +0.0390% | 4h | 0.2107 | 0.000% | $5.6M | $11.6M | 20x | |
| Aster ARXUSDT | +0.0639% | 4h | 0.2114 | +0.332% | $81K | $96K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
Bybit ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT