Funding you earn now, next payment 04:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.054%
Price spread now: Bitget against OKX+0.177%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2172.168% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.177%, 7d avg +0.114%
=The price spread pays, funding is against you. Bitget is 0.062% dearer against OKX than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.114%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2091 | 0.0232 | pay 0.0116% / 4h | 43m 10s | $742K | $3.3M | 20x |
| Short | Bitget ARXUSDT | 0.2095 | 0.0100 | get 0.0050% / 4h | 43m 10s | $2.0M | $1.8M | 20x |
OKX ARX-USDT-SWAP
Bitget ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$27.77
- Price spread: +0.177% → +0.114%
- $6.25
- Slippage, 4 orders
- −$194.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$238.37
- Costs to cover
- 2.168%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: 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, 4 min ago | 2.39 bp | 54.9 bp −$55 | 2763.4 bp −$27.6K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.45 bp | 50.5 bp −$50 | doesn't fit | 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 | 0.2100 | +0.430% | $1.1M | $437K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2088 | −0.134% | $731K | $819K | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0100% | 4h | 0.2095 | +0.177% | $2.0M | $1.8M | 20x | |
| BloFin ARX-USDT | +0.0192% | 4h | 0.2089 | −0.096% | $244K | $43K | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0232% | 4h | 0.2091 | long leg | $742K | $3.3M | 20x | |
| Bybit ARXUSDT | +0.0264% | 4h | 0.2092 | +0.048% | $4.2M | $2.4M | 20x | as long as short |
| MEXC ARX_USDT | +0.0460% | 4h | 0.2091 | 0.000% | $907K | $433K | 20x | as long as short |
| Binance ARXUSDT | +0.0461% | 4h | 0.2091 | +0.016% | $5.6M | $11.6M | 20x | as long as short |
| BingX ARX-USDT | +0.0484% | 4h | 0.2092 | +0.048% | — | $1.6M | — | as long as short |
| Aster ARXUSDT | +0.0714% | 4h | 0.2086 | −0.230% | $79K | $96K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
Bybit ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT