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−0.1502%/8h= −164.5% APRnext payment $7.51 per $10,000 · paid last 24h −0.092%
Price spread now: Bybit against MEXC−0.148%7-day average −0.253% · you buy dearer than you sell
Net, funding: paid 7d − costs−$522as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5465.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.148%, 7d avg −0.253%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.105% dearer against MEXC than usual: you sell high and buy low (spread −0.148% now, against its 7-day average of −0.253%): +$11 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.241%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.241% in total (about 12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.51 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
LongMEXC ARIA_USDT0.033800.1602pay 0.0801% / 4h2h 06m$131K$97K20x
ShortBybit ARIAUSDT0.033750.0100get 0.0050% / 4h2h 06m$918K$256K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
−$315.42
Price spread: −0.148% → −0.253%
$10.5
Slippage, 4 orders
−$531.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$851.26
Costs to cover
5.463%
Break-even
never at this rate
Slippage from MEXC: live order book, 33 min ago; Bybit: live order book, 59 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 MEXC live order book, 33 min ago1.48 bp19.6 bp −$2096.1 bp −$961259.3 bp −$25.9Kdoesn't fit
Sell Bybit live order book, 59 min ago4.43 bp159.6 bp −$160doesn'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 ARIAUSDTshort+0.0100%4h0.03375−0.148%$918K$256K25x
KuCoin ARIAUSDTM+0.0100%4h0.03381+0.030%$338K$48K10xas long as short
Variational Omni ARIA+0.0100%4h0.03379−0.032%$119as long as short
Gate ARIA_USDT+0.0698%4h0.03381+0.030%$206K$57K10xas long as short
Bitget ARIAUSDT+0.1084%4h0.03382+0.059%$871K$58K10xas long as short
BingX ARIA-USDT+0.1588%4h0.03384+0.118%$2.4Mas long as short
Binance ARIAUSDT+0.1593%4h0.03381+0.030%$2.9M$1.5M10xas long as short
MEXC ARIA_USDTlong+0.1602%4h0.03380long leg$131K$97K20x
Aster ARIAUSDT+0.1619%4h0.03376−0.115%$86K$8K5xas long as short