Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRnext payment −$2.08 per $10,000 · paid last 24h −0.051%
Price spread now: Aster against Binance−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.025% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 116.48 | 0.0208 | pay 0.0208% / 8h | 7m 47s | $15.4M | $22.0M | 20x |
| Short | Aster BABAUSDT | 116.45 | 0 | get 0.0000% / 8h | 7m 47s | $75K | $27K | 20x |
Binance BABAUSDT
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$43.67
- Price spread: −0.025% → 0.000%
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$64.22
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Aster: 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 Binance live order book, 3 min ago | 0.43 bp | 6.6 bp −$7 | 16.6 bp −$166 | 85.7 bp −$8,572 | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 116.45 | −0.025% | $75K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.43 | −0.045% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.47 | −0.010% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.43 | −0.045% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.49 | +0.007% | $705 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.47 | −0.010% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.49 | +0.007% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.551% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.47 | −0.010% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.46 | −0.019% | $1.2M | $5.2M | 10x | as long as short |
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-USD | +0.0050% | 1h | 116.41 | −0.062% | $10K | $265K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.19 | −0.251% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.61 | +0.110% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.42 | −0.053% | $604K | $575K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.48 | −0.002% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0105% | 1h | 116.42 | −0.053% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0134% | 8h | 116.44 | −0.033% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0140% | 8h | 116.45 | −0.027% | $2K | $246K | 10x | as long as short |
| Binance BABAUSDTlong | +0.0208% | 8h | 116.48 | long leg | $15.4M | $22.0M | 20x | |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.48 | −0.004% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.44 | −0.036% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.51 | +0.024% | $75K | $99K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Lighter BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD