Funding you earn now, next payment 23:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h −0.029%
Price spread now: Polymarket Perps against Binance−0.072%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 2 days (all we have)−0.028%−$3 · spread now −0.072%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 115.98 | 0.0004 | pay 0.0004% / 8h | 1h 33m | $15.3M | $21.1M | 20x |
| Short | Polymarket Perps BABA-USD | 115.90 | 0.0050 | get 0.0006% / 1h | 33m 16s | $10K | $263K | 10x |
Binance BABAUSDT
Polymarket Perps BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $9.71
- Price spread: −0.072% → −0.077%
- $0.49
- Slippage, 4 orders
- −$13.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$21.12
- Costs to cover
- 0.313%
- Break-even
- 22.2 days
Slippage from Binance: live order book, 8 min ago; Polymarket Perps: live order book, 49 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, 8 min ago | 0.43 bp | 7.6 bp −$8 | 24.2 bp −$242 | 99.7 bp −$9,971 | doesn't fit |
| Sell Polymarket Perps live order book, 49 min ago | 2.16 bp | 7.5 bp −$7 | 8.6 bp −$86 | 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 | 116.00 | +0.015% | $75K | $27K | 20x | as long as short |
| Extended BABA_24_5-USD | 0.0000% | 1h | 115.96 | −0.016% | $42K | $383K | 10x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.01 | +0.023% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.97 | −0.011% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.00 | +0.015% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.96 | −0.018% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 115.97 | −0.009% | $3K | $258K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.98 | −0.003% | $915 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.02 | +0.032% | $37K | $2K | 20x | as long as short |
| Binance BABAUSDTlong | +0.0004% | 8h | 115.98 | long leg | $15.3M | $21.1M | 20x |
Aster BABAUSDT
Extended BABA_24_5-USD
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.11 | +0.109% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.97 | −0.011% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.123% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 115.95 | −0.028% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.95 | −0.028% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.94 | −0.037% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 115.90 | −0.072% | $10K | $263K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.75 | −0.201% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.90 | −0.072% | $601K | $642K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.96 | −0.020% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 115.96 | −0.020% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 115.97 | −0.011% | $79K | $93K | 10x | as long as short |
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD