Funding you earn now, next payment 00:00 UTC−0.0344%/8h= −37.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.110%
Price spread now: Polymarket Perps against Arcus−0.086%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$300.299% of the position
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 −$10 a day on $10k at the current rate, and Polymarket Perps is 0.086% cheaper against Arcus than usual: you would sell low and buy high (−$9 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 | 116.49 | 0.0394 | pay 0.0049% / 1h | 1m 10s | $75K | $101K | 10x |
| Short | Polymarket Perps BABA-USD | 116.39 | 0.0050 | get 0.0006% / 1h | 1m 10s | $10K | $265K | 10x |
Arcus BABA-USD
Polymarket Perps BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$72.25
- Price spread: −0.086% → 0.000%
- −$8.58
- Slippage, 4 orders
- −$17.37
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$110.7
- Costs to cover
- 0.299%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; Polymarket Perps: live order book, 11 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, 3 min ago | 0.43 bp | 4.3 bp −$4 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 11 min ago | 3.44 bp | 7.4 bp −$7 | 7.4 bp −$74 | 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 | 116.42 | −0.064% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.48 | −0.009% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.50 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.46 | −0.026% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.52 | +0.026% | $740 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.49 | 0.000% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.44 | −0.043% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.558% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.32 | −0.146% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.42 | −0.060% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 116.39 | −0.086% | $10K | $265K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.14 | −0.300% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.58 | +0.077% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.40 | −0.077% | $604K | $568K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.49 | 0.000% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0102% | 1h | 116.42 | −0.060% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0132% | 8h | 116.51 | +0.017% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0135% | 8h | 116.48 | −0.008% | $2K | $245K | 10x | as long as short |
| Binance BABAUSDT | +0.0204% | 8h | 116.53 | +0.034% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.51 | +0.015% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | −0.009% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USDlong | +0.0394% | 1h | 116.49 | long leg | $75K | $101K | 10x |
Ondo Perps BABA-USD.P
Lighter BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA