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

ARIA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0932%/8h= +102.1% APRnext payment +$4.66 per $10,000 · paid last 24h +0.047%
Price spread now: Bitget against Bybit+0.147%7-day average +0.223% · you sell dearer than you buy
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$767as in the Price arb table
costs, in and out, $10k−$7607.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.383%−$38 on $10k
Price spread, last 4 days (all we have)+0.394%+$39 · spread now +0.147%, 7d avg +0.223%
Together, before fees+0.011%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.075% cheaper against Bybit than usual: you would sell low and buy high (spread +0.147% now, against its 7-day average of +0.223%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.383%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.383% in total (about -20.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.66 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
LongBybit ARIAUSDT0.033900.0100pay 0.0050% / 4h1h 22m$921K$256K25x
ShortBitget ARIAUSDT0.033950.1032get 0.0516% / 4h1h 22m$875K$55K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$195.72
Price spread: +0.147% → +0.223%
−$7.5
Slippage, 4 orders
−$736.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$571.37
Costs to cover
7.596%
Break-even
27.4 days
Slippage from Bybit: live order book, 38 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 Bybit live order book, 38 min ago2.96 bp351.3 bp −$351doesn't fitdoesn'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 ARIAUSDTlong+0.0100%4h0.03390long leg$921K$256K25x
KuCoin ARIAUSDTM+0.0100%4h0.03387−0.088%$342K$49K10xas long as short
Variational Omni ARIA+0.0100%4h0.03381−0.271%$119as long as short
Gate ARIA_USDT+0.0544%4h0.033900.000%$206K$58K10xas long as short
Bitget ARIAUSDTshort+0.1032%4h0.03395+0.147%$875K$55K10x
BingX ARIA-USDT+0.1224%4h0.03392+0.059%$2.4Mas long as short
Binance ARIAUSDT+0.1230%4h0.03396+0.165%$3.0M$1.5M10xas long as short
MEXC ARIA_USDT+0.1236%4h0.03396+0.177%$132K$96K20xas long as short
Aster ARIAUSDT+0.1392%4h0.03391+0.016%$88K$9K5xas long as short