Funding you earn now, next payment 01:00 UTC+0.0431%/8h= +47.2% APRpaid last 24h +0.062%
Price spread now: Arcus against Binance−0.029%7-day average −0.006% · 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−$34as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 3 days (all we have)+0.155%+$15 on $10k
+Price spread, last 2 days (all we have)−0.009%−$1 · spread now −0.029%, 7d avg −0.006%
=Funding pays, the price is against you. Arcus is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of −0.006%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.155% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 116.72 | 0.0195 | pay 0.0195% / 8h | 7h 12m | $15.4M | $22.2M | 20x |
| Short | Arcus BABA-USD | 116.69 | 0.0626 | get 0.0078% / 1h | 12m 14s | $75K | $100K | 10x |
Binance BABAUSDT
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $90.59
- Price spread: −0.029% → −0.006%
- −$2.24
- Slippage, 4 orders
- −$17.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $56.41
- Costs to cover
- 0.319%
- Break-even
- 2.6 days
Slippage from Binance: live order book, 14 min ago; Arcus: live order book, 52 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 Binance live order book, 14 min ago | 0.86 bp | 9.6 bp −$10 | 22.5 bp −$225 | 89.8 bp −$8,977 | doesn't fit |
| Sell Arcus live order book, 52 min ago | 0.43 bp | 10.7 bp −$11 | 18.6 bp −$186 | 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 | 116.67 | −0.048% | $76K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.71 | −0.012% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.75 | +0.023% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.74 | +0.014% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.72 | −0.006% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.72 | −0.003% | $740 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.58 | −0.123% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.87 | +0.126% | $386K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.71 | −0.012% | $424K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.757% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget 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 | 116.74 | +0.014% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.70 | −0.020% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.63 | −0.080% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.64 | −0.071% | $234K | $353K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.69 | −0.029% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.64 | −0.071% | $606K | $542K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.72 | −0.003% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0134% | 8h | 116.72 | −0.001% | $302K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.70 | −0.021% | $46K | $365K | 10x | as long as short |
| Binance BABAUSDTlong | +0.0195% | 8h | 116.72 | long leg | $15.4M | $22.2M | 20x | |
| Phoenix BABA | +0.0343% | 1h | 116.74 | +0.014% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USDshort | +0.0626% | 1h | 116.69 | −0.029% | $75K | $100K | 10x |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Phoenix BABA