Settings8H · net · $10k
Funding arb · Price arb /

ARIA

all ARIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment $0.96 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against BingX+0.088%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4354.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.561%−$56 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.088%, 7d avg +0.110%
Together, before fees−0.650%−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.021% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARIA-USDT0.033920.1224pay 0.0612% / 4h1h 22m$2.4M
ShortBitget ARIAUSDT0.033950.1032get 0.0516% / 4h1h 22m$875K$55K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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

Funding earned
−$40.32
Price spread: +0.088% → +0.110%
−$2.14
Slippage, 4 orders
−$413.06
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$477.52
Costs to cover
4.351%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago38.31 bp64.7 bp −$65139.9 bp −$1,399doesn't fitdoesn't fit
Sell Bitget live order book, 39 min ago4.43 bp106.9 bp −$107doesn't fitdoesn't fitdoesn't fit

ARIA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARIAUSDT+0.0100%4h0.033920.000%$921K$256K25xas long as short
KuCoin ARIAUSDTM+0.0100%4h0.03387−0.147%$342K$49K10xas long as short
Variational Omni ARIA+0.0100%4h0.03381−0.330%$119as long as short
Gate ARIA_USDT+0.0544%4h0.03390−0.059%$206K$58K10xas long as short
Bitget ARIAUSDTshort+0.1032%4h0.03395+0.088%$875K$55K10x
BingX ARIA-USDTlong+0.1224%4h0.03392long leg$2.4M
Binance ARIAUSDT+0.1230%4h0.03395+0.088%$3.0M$1.5M10xas long as short
MEXC ARIA_USDT+0.1236%4h0.03396+0.118%$132K$96K20xas long as short
Aster ARIAUSDT+0.1392%4h0.03391−0.044%$88K$9K5xas long as short