Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.141%
Price spread now: Gate against Arcus+0.008%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 4 days (all we have)−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.008%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 118.30 | 0.0040 | pay 0.0005% / 1h | 1m 22s | $72K | $109K | 10x |
| Short | Gate BABA_USDT | 118.31 | 0 | get 0.0000% / 8h | 4h 01m | $1.5M | $1.9M | 50x |
Arcus BABA-USD
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Arcus. 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
- −$8.46
- Price spread: +0.008% → +0.011%
- −$0.27
- Slippage, 4 orders
- −$33.61
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.83
- Costs to cover
- 0.531%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 47 min ago; Gate: live order book, 1 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 Arcus live order book, 47 min ago | 4.63 bp | 12.2 bp −$12 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.11 bp | 15.0 bp −$15 | 144.4 bp −$1,444 | doesn't fit | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 118.28 | −0.020% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.33 | +0.025% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 118.31 | +0.008% | $1.5M | $1.9M | 50x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.37 | +0.056% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.32 | +0.017% | $1K | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.40 | +0.085% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.32 | +0.017% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.24 | −0.051% | $437K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.079% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDlong | +0.0040% | 1h | 118.30 | long leg | $72K | $109K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.29 | −0.008% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.22 | −0.068% | $11.9M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.24 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.35 | +0.042% | $238K | $407K | 10x | as long as short |
| Variational Omni BABA | +0.0063% | 8h | 118.32 | +0.021% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.26 | −0.034% | $1.2M | $4.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.20 | −0.085% | $616K | $472K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.29 | −0.008% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0132% | 8h | 118.32 | +0.019% | $15.6M | $30.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.29 | −0.010% | $44K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.31 | +0.008% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0475% | 8h | 118.38 | +0.068% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT