Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.005%
Price spread now: Polymarket Perps against Bitget−0.119%50s7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.119%, 7d avg −0.104%
=The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 117.18 | 0 | get 0.0000% / 8h | 1m 44s | $2.3M | $1.9M | 20x |
| Short | Polymarket Perps BABA-USD | 117.04 | 0.0050 | get 0.0006% / 1h | 1m 44s | $8K | $286K | 10x |
Bitget BABAUSDT
Polymarket Perps BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.119% → −0.104%
- −$1.59
- Slippage, 4 orders
- −$20.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.48
- Costs to cover
- 0.404%
- Break-even
- 28.0 days
Slippage from Bitget: live order book, 5 min ago; Polymarket Perps: live order book, 35 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, 5 min ago | 2.13 bp | 11.1 bp −$11 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 35 min ago | 3.43 bp | 8.3 bp −$8 | 8.3 bp −$83 | 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 | 116.97 | −0.175% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.13 | −0.043% | $2.1M | $716K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.009% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.18 | long leg | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.18 | 0.000% | $710 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.19 | +0.009% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.10 | −0.068% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.04 | −0.119% | $435K | $504K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.144% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.05 | −0.111% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0044% | 1h | 117.15 | −0.026% | $1.2M | $2.9M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.04 | −0.119% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 117.04 | −0.119% | $8K | $286K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.00 | −0.154% | $231K | $423K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0054% | 8h | 117.19 | +0.009% | $3K | $188K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0085% | 1h | 117.06 | −0.102% | $11.8M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0086% | 8h | 117.17 | −0.009% | $338K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.97 | −0.179% | $608K | $393K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.11 | −0.060% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0152% | 8h | 117.18 | 0.000% | $15.3M | $31.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 117.15 | −0.024% | $43K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.102% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Vest BABA-USD-PERP
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA