Funding you earn now, next payment 09:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h −0.131%
Price spread now: Injective against Arcus−1.203%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 1.203% cheaper against Arcus than usual: you would sell low and buy high, −$120 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 117.25 | 0.0040 | pay 0.0005% / 1h | 14m 46s | $70K | $136K | 10x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 14m 46s | $11K | $26K | 12x |
Arcus BABA-USD
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1.46
- Price spread: −1.203% → 0.000%
- −$120.26
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$126.23
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
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, 9 min ago | 2.99 bp | 8.9 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 117.17 | −0.069% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.35 | +0.085% | $2.1M | $724K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.36 | +0.094% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.36 | +0.094% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.35 | +0.085% | $757 | $2.7M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.37 | +0.102% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.35 | +0.085% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.30 | +0.043% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −1.203% | $11K | $26K | 12x | |
| Arcus BABA-USDlong | +0.0040% | 1h | 117.25 | long leg | $70K | $136K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.18 | −0.060% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.19 | −0.051% | $8K | $280K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.14 | −0.094% | $231K | $411K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.29 | +0.034% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.18 | −0.060% | $612K | $429K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.35 | +0.085% | $2K | $798 | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0114% | 1h | 117.25 | 0.000% | $12.0M | $4.6M | 10x | as long as short |
| Variational Omni BABA | +0.0152% | 8h | 117.32 | +0.058% | $337K | $664K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0186% | 8h | 117.26 | +0.005% | $3K | $182K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 117.33 | +0.072% | $44K | $315K | 10x | as long as short |
| Binance BABAUSDT | +0.0200% | 8h | 117.37 | +0.101% | $15.4M | $31.0M | 20x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.19 | −0.051% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA