BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.017%

Price spread now: tradeXYZ against Binance−0.060%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.466% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 2 days (all we have)−0.033%−$3 · spread now −0.060%, 7d avg −0.065%

Together, before fees−0.060%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABAUSDT	115.97	0.0010	pay 0.0010% / 8h	1h 46m	$15.3M	$21.1M	20x
Short	tradeXYZ xyz:BABA	115.90	0.0050	get 0.0006% / 1h	46m 10s	$12.1M	$3.0M	10x

Funding history

latest

Range statsloading…

tradeXYZ against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee tradeXYZbpOrdersPrice spread, now −0.060%Rate

Slippage from Binance: live order book, 10 min ago; tradeXYZ: live order book, 3 min ago.

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, 10 min ago	0.43 bp	11.1 bp −$11	31.8 bp −$318	128.8 bp −$12.9K	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.43 bp	13.2 bp −$13	23.2 bp −$232	doesn't fit	doesn't fit

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	+0.026%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	115.99	+0.017%	$2.2M	$614K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	115.97	0.000%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	115.95	−0.017%	$2.5M	$1.3M	20x	as long as short
Variational Omni BABA	0.0000%	8h	115.96	−0.013%	$300K	$620K	—	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	115.97	0.000%	$3K	$261K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	115.98	+0.009%	$942	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.01	+0.034%	$37K	$2K	20x	as long as short
Extended BABA_24_5-USD	+0.0008%	1h	115.96	−0.008%	$42K	$383K	10x	as long as short
Binance BABAUSDTlong	+0.0010%	8h	115.97	long leg	$15.3M	$21.1M	20x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BABA	+0.0032%	1h	116.07	+0.086%	$384K	$49K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	115.89	−0.069%	$445K	$590K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.112%	$11K	$26K	12x	as long as short
QFEX BABA-USD	+0.0035%	1h	115.95	−0.017%	$1.2M	$5.1M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	115.89	−0.069%	—	$9K	10x	as long as short
tradeXYZ xyz:BABAshort	+0.0050%	1h	115.90	−0.060%	$12.1M	$3.0M	10x
Polymarket Perps BABA-USD	+0.0050%	1h	115.85	−0.103%	$10K	$263K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	115.89	−0.069%	$249K	$336K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	115.90	−0.060%	$601K	$653K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	115.94	−0.026%	$2K	$1K	10x	as long as short
Phoenix BABA	+0.0276%	1h	115.93	−0.034%	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0462%	1h	115.95	−0.017%	$79K	$93K	10x	as long as short