Funding you earn now, next payment 23:00 UTC−0.0362%/8h= −39.6% APRpaid last 24h −0.094%
Price spread now: KuCoin against Arcus−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 116.10 | 0.0462 | pay 0.0058% / 1h | 15m 36s | $79K | $93K | 10x |
| Short | KuCoin BABAUSDTM | 116.03 | 0.0100 | get 0.0100% / 8h | 1h 15m | $601K | $629K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$75.92
- Price spread: −0.060% → 0.000%
- −$6.03
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$98.45
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; KuCoin: live order book, 58 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 58 min ago | 14.24 bp | 69.7 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 | 116.00 | −0.086% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.09 | −0.009% | $2.2M | $609K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.10 | 0.000% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.12 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.08 | −0.017% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.10 | 0.000% | $3K | $255K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.11 | +0.009% | $1K | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.13 | +0.026% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0008% | 1h | 116.10 | −0.003% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0009% | 8h | 116.12 | +0.017% | $15.4M | $21.1M | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.21 | +0.095% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.08 | −0.017% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.224% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.09 | −0.009% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.02 | −0.069% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.07 | −0.026% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.00 | −0.086% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.03 | −0.060% | $250K | $337K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.03 | −0.060% | $601K | $629K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.10 | 0.000% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.07 | −0.026% | $65K | $129K | 10x | as long as short |
| Arcus BABA-USDlong | +0.0462% | 1h | 116.10 | long leg | $79K | $93K | 10x |
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Extended BABA_24_5-USD
Binance BABAUSDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Phoenix BABA