Funding you earn now, next payment 02:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.048%
Price spread now: Extended against Bitget−0.047%7-day average −0.061% · 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−$51as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.047%, 7d avg −0.061%
=Together, before fees+0.149%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment. 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 | Bitget BABAUSDT | 117.05 | 0.0002 | pay 0.0002% / 8h | 6h 29m | $2.5M | $1.3M | 20x |
| Short | Extended BABA_24_5-USD | 116.99 | 0.0208 | get 0.0026% / 1h | 29m 48s | $43K | $366K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $43.26
- Price spread: −0.047% → −0.061%
- $1.4
- Slippage, 4 orders
- −$34.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.29
- Costs to cover
- 0.520%
- Break-even
- 8.2 days
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 38 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 Bitget live order book, 3 min ago | 2.98 bp | 14.2 bp −$14 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Extended live order book, 38 min ago | 1.71 bp | 11.2 bp −$11 | 162.0 bp −$1,620 | 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 | 116.91 | −0.122% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.98 | −0.060% | $2.2M | $591K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.02 | −0.026% | $1.4M | $1.5M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.18 | +0.111% | $804 | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.29 | +0.205% | $37K | $2K | 20x | as long as short |
| Bitget BABAUSDTlong | +0.0002% | 8h | 117.05 | long leg | $2.5M | $1.3M | 20x | |
| Lighter BABA | +0.0032% | 1h | 117.20 | +0.128% | $386K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.98 | −0.060% | $423K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.034% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.16 | +0.094% | $1.2M | $4.6M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.18 | +0.111% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.07 | +0.017% | — | $18K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0047% | 8h | 117.24 | +0.162% | $3K | $229K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.93 | −0.103% | $12.2M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.07 | +0.017% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.19 | +0.120% | $241K | $370K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.98 | −0.060% | $608K | $531K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.01 | −0.034% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.24 | +0.160% | $272K | $650K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.17 | +0.103% | $66K | $71K | 10x | as long as short |
| Binance BABAUSDT | +0.0207% | 8h | 117.05 | 0.000% | $15.5M | $23.2M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0208% | 1h | 116.99 | −0.047% | $43K | $366K | 10x |
Bitget BABAUSDT
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT