ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.082%

Price spread now: MEXC against OKX−0.050%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1311.311% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.419%+$42 on $10k

Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.050%, 7d avg +0.033%

Together, before fees+0.613%+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.083% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.033%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.419% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARX-USDT-SWAP	0.2015	0.0473	pay 0.0237% / 4h	3h 26m	$732K	$3.0M	20x
Short	MEXC ARX_USDT	0.2014	0.0570	get 0.0285% / 4h	3h 26m	$877K	$419K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now −0.050%Rate

Funding earned: $20.35
Price spread: −0.050% → +0.033%: −$8.28
Slippage, 4 orders: −$113.1
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$119.04
Costs to cover: 1.311%
Break-even: 47.9 days

Slippage from OKX: live order book, 6 min ago; MEXC: live order book, 39 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, 6 min ago	4.96 bp	47.1 bp −$47	3246.6 bp −$32.5K	doesn't fit	doesn't fit
Sell MEXC live order book, 39 min ago	2.48 bp	19.9 bp −$20	97.0 bp −$970	276.8 bp −$27.7K	648.3 bp −$324.1K

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	0.2011	−0.208%	$711K	$742K	20x	as long as short
Bitget ARXUSDT	+0.0218%	4h	0.2012	−0.164%	$1.9M	$1.7M	20x	as long as short
OKX ARX-USDT-SWAPlong	+0.0473%	4h	0.2015	long leg	$732K	$3.0M	20x
BloFin ARX-USDT	+0.0502%	4h	0.2014	−0.050%	$236K	$49K	20x	as long as short
MEXC ARX_USDTshort	+0.0570%	4h	0.2014	−0.050%	$877K	$419K	20x
Binance ARXUSDT	+0.0572%	4h	0.2014	−0.057%	$5.4M	$11.2M	20x	as long as short
Aster ARXUSDT	+0.0745%	4h	0.2012	−0.149%	$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