Funding you earn now, next payment 09:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.011%
Price spread now: Extended against Binance−0.030%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.030%, 7d avg −0.041%
=Together, before fees−0.102%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 117.22 | 0.0161 | pay 0.0161% / 8h | 7h 58m | $15.3M | $31.8M | 20x |
| Short | Extended BABA_24_5-USD | 117.18 | 0.0160 | get 0.0020% / 1h | 58m 24s | $43K | $311K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$0.13
- Price spread: −0.030% → −0.041%
- $1.14
- Slippage, 4 orders
- −$29.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$43.7
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 39 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, 13 min ago | 1.71 bp | 10.2 bp −$10 | 22.2 bp −$222 | 81.6 bp −$8,161 | doesn't fit |
| Sell Extended live order book, 39 min ago | 3.00 bp | 13.0 bp −$13 | 70.9 bp −$709 | 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 | 117.05 | −0.138% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.21 | −0.005% | $2.1M | $718K | 25x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.22 | +0.003% | $2.3M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.20 | −0.014% | $788 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.22 | +0.003% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.25 | +0.029% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.18 | −0.031% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.174% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.13 | −0.074% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.10 | −0.099% | — | $19K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.12 | −0.082% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.07 | −0.125% | $231K | $422K | 10x | as long as short |
| Gate BABA_USDT | +0.0052% | 8h | 117.25 | +0.029% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | +0.0067% | 8h | 117.19 | −0.024% | $3K | $187K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.19 | −0.022% | $1.2M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0088% | 1h | 117.11 | −0.091% | $11.8M | $4.5M | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 117.17 | −0.040% | $337K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.47 | +0.216% | $611K | $397K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.22 | +0.003% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDshort | +0.0160% | 1h | 117.18 | −0.030% | $43K | $311K | 10x | |
| Binance BABAUSDTlong | +0.0161% | 8h | 117.22 | long leg | $15.3M | $31.8M | 20x | |
| Phoenix BABA | +0.0205% | 1h | 117.11 | −0.091% | $66K | $89K | 10x | as long as short |
Binance BABAUSDT
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Gate BABA_USDT
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Phoenix BABA