BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Bitget−0.034%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.521% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.196%+$20 on $10k

Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.034%, 7d avg −0.044%

Together, before fees+0.183%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BABAUSDT	116.00	0	get 0.0000% / 8h	2h 37m	$2.5M	$1.3M	20x
Short	Binance BABAUSDT	115.96	0.0092	get 0.0092% / 8h	2h 37m	$15.3M	$21.0M	20x

Funding history

latest

Range statsloading…

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.034%Rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	2.15 bp	15.8 bp −$16	30.4 bp −$304	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.43 bp	10.6 bp −$11	28.3 bp −$283	120.3 bp −$12.0K	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	115.93	−0.058%	$73K	$25K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	115.97	−0.026%	$2.2M	$612K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	115.96	−0.034%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDTlong	0.0000%	8h	116.00	long leg	$2.5M	$1.3M	20x
SunX BABA-USDT	0.0000%	8h	115.97	−0.026%	$576	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.00	0.000%	$37K	$2K	20x	as long as short
Variational Omni BABA	+0.0012%	8h	116.06	+0.054%	$302K	$618K	—	as long as short
Lighter RH BABA	+0.0032%	1h	115.98	−0.017%	$445K	$594K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.138%	$11K	$26K	12x	as long as short
QFEX BABA-USD	+0.0042%	1h	115.96	−0.034%	$1.2M	$5.0M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	115.98	−0.017%	—	$9K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	115.91	−0.078%	$10K	$263K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	115.83	−0.147%	$249K	$333K	10x	as long as short
tradeXYZ xyz:BABA	+0.0080%	1h	115.92	−0.069%	$12.1M	$3.0M	10x	as long as short
GRVT BABA_USDT_Perp	+0.0087%	8h	116.09	+0.073%	$3K	$275K	10x	as long as short
Binance BABAUSDTshort	+0.0092%	8h	115.96	−0.034%	$15.3M	$21.0M	20x
Extended BABA_24_5-USD	+0.0096%	1h	115.95	−0.045%	$42K	$383K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	115.93	−0.060%	$602K	$695K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	115.99	−0.009%	$2K	$1K	10x	as long as short
Lighter BABA	+0.0128%	1h	116.15	+0.129%	$384K	$51K	10x	as long as short
Phoenix BABA	+0.0207%	1h	116.03	+0.026%	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0643%	1h	115.98	−0.017%	$79K	$93K	10x	as long as short