Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h +0.001%
Price spread now: tradeXYZ against Bitget−0.111%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.111%, 7d avg −0.122%
=Together, before fees+0.216%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.122%, so right now this pair is about funding alone: +$2 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 | 117.08 | 0 | get 0.0000% / 8h | 15m 49s | $2.3M | $1.9M | 20x |
| Short | tradeXYZ xyz:BABA | 116.95 | 0.0062 | get 0.0008% / 1h | 15m 49s | $11.8M | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $12.93
- Price spread: −0.111% → −0.122%
- $1.07
- Slippage, 4 orders
- −$19.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$35.11
- Costs to cover
- 0.491%
- Break-even
- 26.0 days
Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 3 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, 1 min ago | 2.13 bp | 12.4 bp −$12 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.28 bp | 11.6 bp −$12 | 16.1 bp −$161 | 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 | −0.096% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.06 | −0.017% | $2.1M | $722K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.11 | +0.026% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.08 | long leg | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.11 | +0.026% | $911 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.21 | +0.111% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0031% | 8h | 117.15 | +0.064% | $3K | $188K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.13 | +0.043% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.07 | −0.009% | $435K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.059% | $11K | $26K | 12x | 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 | 117.05 | −0.026% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 117.09 | +0.009% | $1.2M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.00 | −0.068% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.01 | −0.060% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.03 | −0.043% | $231K | $428K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0062% | 1h | 116.95 | −0.111% | $11.8M | $4.4M | 10x | |
| Variational Omni BABA | +0.0063% | 8h | 117.10 | +0.014% | $337K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.96 | −0.102% | $608K | $386K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.09 | +0.009% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 117.08 | −0.001% | $47K | $309K | 10x | as long as short |
| Binance BABAUSDT | +0.0122% | 8h | 117.11 | +0.026% | $15.3M | $32.5M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.15 | +0.060% | $66K | $89K | 10x | as long as short |
Bitget BABAUSDT
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA