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−0.0340%/8h= −37.2% APRnext payment $1.70 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Bitget−0.029%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,991as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,990as in the Price arb table
costs, in and out, $10k−$1,98919.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.029%, 7d avg −0.017%
Together, before fees+0.075%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARIAUSDT0.033900.1148pay 0.0574% / 4h2h 12m$873K$58K10x
ShortGate ARIA_USDT0.033890.0808get 0.0404% / 4h2h 12m$206K$57K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
−$71.4
Price spread: −0.029% → −0.017%
−$1.27
Slippage, 4 orders
−$1,961.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2,061.27
Costs to cover
19.886%
Break-even
never at this rate
Slippage from Bitget: live order book, 54 min ago; Gate: live order book, 49 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 Bitget live order book, 54 min ago2.94 bp170.2 bp −$170doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 49 min ago7.40 bp450.6 bp −$451doesn'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%4h0.03383−0.206%$920K$259K25xas long as short
Variational Omni ARIA+0.0100%4h0.03387−0.092%$119as long as short
KuCoin ARIAUSDTM+0.0106%4h0.03389−0.029%$338K$57K10xas long as short
Gate ARIA_USDTshort+0.0808%4h0.03389−0.029%$206K$57K10x
Bitget ARIAUSDTlong+0.1148%4h0.03390long leg$873K$58K10x
BingX ARIA-USDT+0.1648%4h0.03388−0.059%$2.4Mas long as short
MEXC ARIA_USDT+0.1658%4h0.03386−0.118%$131K$97K20xas long as short
Binance ARIAUSDT+0.1659%4h0.03388−0.055%$2.9M$1.5M10xas long as short
Aster ARIAUSDT+0.1684%4h0.03380−0.295%$86K$8K5xas long as short