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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARIA_USDT | 0.03380 | 0.1602 | pay 0.0801% / 4h | 2h 06m | $131K | $97K | 20x |
| Short | Bybit ARIAUSDT | 0.03375 | 0.0100 | get 0.0050% / 4h | 2h 06m | $918K | $256K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 33 min ago | 1.48 bp | 19.6 bp −$20 | 96.1 bp −$961 | 259.3 bp −$25.9K | doesn't fit |
| Sell Bybit live order book, 59 min ago | 4.43 bp | 159.6 bp −$160 | 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 | 0.03375 | −0.148% | $918K | $256K | 25x | |
| KuCoin ARIAUSDTM | +0.0100% | 4h | 0.03381 | +0.030% | $338K | $48K | 10x | as long as short |
| Variational Omni ARIA | +0.0100% | 4h | 0.03379 | −0.032% | $119 | — | — | as long as short |
| Gate ARIA_USDT | +0.0698% | 4h | 0.03381 | +0.030% | $206K | $57K | 10x | as long as short |
| Bitget ARIAUSDT | +0.1084% | 4h | 0.03382 | +0.059% | $871K | $58K | 10x | as long as short |
| BingX ARIA-USDT | +0.1588% | 4h | 0.03384 | +0.118% | — | $2.4M | — | as long as short |
| Binance ARIAUSDT | +0.1593% | 4h | 0.03381 | +0.030% | $2.9M | $1.5M | 10x | as long as short |
| MEXC ARIA_USDTlong | +0.1602% | 4h | 0.03380 | long leg | $131K | $97K | 20x | |
| Aster ARIAUSDT | +0.1619% | 4h | 0.03376 | −0.115% | $86K | $8K | 5x | as long as short |
MEXC ARIA_USDT
Bybit ARIAUSDT
KuCoin ARIAUSDTM
Variational Omni ARIA
Gate ARIA_USDT
Bitget ARIAUSDT
BingX ARIA-USDT
Binance ARIAUSDT
Aster ARIAUSDT