Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h +0.135%
Price spread now: Binance against Bybit+0.059%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$622as in the Funding arb table
Net, price: spread back to 7d avg − costs−$622as in the Price arb table
costs, in and out, $10k−$6036.025% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now +0.059%, 7d avg +0.255%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.196% cheaper against Bybit than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.255%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARIAUSDT | 0.03379 | 0.1225 | pay 0.0613% / 4h | 2h 41m | $917K | $266K | 25x |
| Short | Binance ARIAUSDT | 0.03381 | 0.1111 | get 0.0556% / 4h | 2h 41m | $3.0M | $1.5M | 10x |
Bybit ARIAUSDT
Binance ARIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$23.93
- Price spread: +0.059% → +0.255%
- −$19.59
- Slippage, 4 orders
- −$581.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$646.03
- Costs to cover
- 6.025%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 9 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 Bybit live order book, 4 min ago | 2.95 bp | 357.1 bp −$357 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.95 bp | 43.8 bp −$44 | 220.7 bp −$2,207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARIAUSDTM | +0.0100% | 4h | 0.03378 | −0.030% | $341K | $50K | 10x | as long as short |
| Variational Omni ARIA | +0.0541% | 4h | 0.03386 | +0.219% | $119 | — | — | as long as short |
| Aster ARIAUSDT | +0.0909% | 4h | 0.03379 | 0.000% | $87K | $8K | 5x | as long as short |
| MEXC ARIA_USDT | +0.1110% | 4h | 0.03382 | +0.089% | $130K | $95K | 20x | as long as short |
| Binance ARIAUSDTshort | +0.1111% | 4h | 0.03381 | +0.059% | $3.0M | $1.5M | 10x | |
| Gate ARIA_USDT | +0.1214% | 4h | 0.03385 | +0.178% | $203K | $60K | 10x | as long as short |
| Bybit ARIAUSDTlong | +0.1225% | 4h | 0.03379 | long leg | $917K | $266K | 25x | |
| Bitget ARIAUSDT | +0.1264% | 4h | 0.03386 | +0.207% | $872K | $54K | 10x | as long as short |
| BingX ARIA-USDT | +0.1268% | 4h | 0.03371 | −0.237% | — | $2.4M | — | as long as short |
KuCoin ARIAUSDTM
Variational Omni ARIA
Aster ARIAUSDT
MEXC ARIA_USDT
Gate ARIA_USDT
Bitget ARIAUSDT
BingX ARIA-USDT