Funding you earn now, next payment 04:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against OKX−0.589%533s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as 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−$1421.417% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.597%+$60 · spread now −0.589%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.610% cheaper against OKX than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 533 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 | OKX ARX-USDT-SWAP | 0.2039 | 0.0537 | pay 0.0268% / 4h | 2h 40m | $740K | $3.0M | 20x |
| Short | BloFin ARX-USDT | 0.2027 | 0.0412 | get 0.0206% / 4h | 2h 40m | $239K | $48K | 20x |
OKX ARX-USDT-SWAP
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$26.14
- Price spread: −0.589% → +0.022%
- −$61.02
- Slippage, 4 orders
- −$119.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$228.85
- Costs to cover
- 1.417%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 20 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, 2 min ago | 4.89 bp | 29.1 bp −$29 | 2422.9 bp −$24.2K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 10.02 bp | 32.2 bp −$32 | 159.3 bp −$1,593 | 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 ARXUSDTM | +0.0100% | 4h | 0.2038 | −0.039% | $719K | $768K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2037 | −0.093% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0198% | 4h | 0.2049 | +0.490% | $1.0M | $414K | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0412% | 4h | 0.2027 | −0.589% | $239K | $48K | 20x | |
| OKX ARX-USDT-SWAPlong | +0.0537% | 4h | 0.2039 | long leg | $740K | $3.0M | 20x | |
| Binance ARXUSDT | +0.0616% | 4h | 0.2036 | −0.145% | $5.5M | $11.2M | 20x | as long as short |
| MEXC ARX_USDT | +0.0626% | 4h | 0.2036 | −0.147% | $882K | $420K | 20x | as long as short |
| Aster ARXUSDT | +0.0831% | 4h | 0.2040 | +0.046% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDT | +0.1572% | 4h | 0.2036 | −0.147% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.1583% | 4h | 0.2036 | −0.147% | $4.2M | $2.3M | 20x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
Gate ARX_USDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT
BingX ARX-USDT
Bybit ARXUSDT