Funding you earn now, next payment 04:00 UTC−0.1080%/8h= −118.3% APRnext payment −$5.40 per $10,000 · paid last 24h −0.102%
Price spread now: Bybit against BingX−0.029%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$650as in the Price arb table
costs, in and out, $10k−$6586.583% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)−0.512%−$51 · spread now −0.029%, 7d avg −0.112%
=The price spread pays, funding is against you. Bybit is 0.083% dearer against BingX than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.112%): +$8 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.179% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARIA-USDT | 0.03392 | 0.1180 | pay 0.0590% / 4h | 1h 19m | — | $2.4M | — |
| Short | Bybit ARIAUSDT | 0.03391 | 0.0100 | get 0.0050% / 4h | 1h 19m | $921K | $256K | 25x |
BingX ARIA-USDT
Bybit ARIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$226.8
- Price spread: −0.029% → −0.112%
- $8.28
- Slippage, 4 orders
- −$637.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$876.82
- Costs to cover
- 6.583%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 40 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 BingX live order book, 4 min ago | 38.31 bp | 64.7 bp −$65 | 139.9 bp −$1,399 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 2.96 bp | 140.1 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
ARIA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARIAUSDTshort | +0.0100% | 4h | 0.03391 | −0.029% | $921K | $256K | 25x | |
| Variational Omni ARIA | +0.0100% | 4h | 0.03394 | +0.070% | $119 | — | — | as long as short |
| KuCoin ARIAUSDTM | +0.0120% | 4h | 0.03393 | +0.029% | $342K | $49K | 10x | as long as short |
| Gate ARIA_USDT | +0.0556% | 4h | 0.03390 | −0.059% | $206K | $58K | 10x | as long as short |
| Bitget ARIAUSDT | +0.1052% | 4h | 0.03395 | +0.088% | $875K | $55K | 10x | as long as short |
| BingX ARIA-USDTlong | +0.1180% | 4h | 0.03392 | long leg | — | $2.4M | — | |
| Binance ARIAUSDT | +0.1223% | 4h | 0.03394 | +0.059% | $3.0M | $1.5M | 10x | as long as short |
| MEXC ARIA_USDT | +0.1228% | 4h | 0.03393 | +0.029% | $132K | $96K | 20x | as long as short |
| Aster ARIAUSDT | +0.1399% | 4h | 0.03391 | −0.040% | $88K | $9K | 5x | as long as short |
Variational Omni ARIA
KuCoin ARIAUSDTM
Gate ARIA_USDT
Bitget ARIAUSDT
Binance ARIAUSDT
MEXC ARIA_USDT
Aster ARIAUSDT