Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT117.080get 0.0000% / 8h15m 49s$2.3M$1.9M20x
ShorttradeXYZ xyz:BABA116.950.0062get 0.0008% / 1h15m 49s$11.8M$4.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago2.13 bp12.4 bp −$1226.2 bp −$262doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago1.28 bp11.6 bp −$1216.1 bp −$161doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.97−0.096%$68K$37K20xas long as short
Bybit BABAUSDT0.0000%8h117.06−0.017%$2.1M$722K25xas long as short
Gate BABA_USDT0.0000%8h117.11+0.026%$1.5M$2.1M50xas long as short
Bitget BABAUSDTlong0.0000%8h117.08long leg$2.3M$1.9M20x
SunX BABA-USDT0.0000%8h117.11+0.026%$911$3.1M20xas long as short
HTX BABA-USDT0.0000%8h117.21+0.111%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0031%8h117.15+0.064%$3K$188K10xas long as short
Lighter BABA+0.0032%1h117.13+0.043%$373K$72K10xas long as short
Lighter RH BABA+0.0032%1h117.07−0.009%$435K$503K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.059%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.05−0.026%$70K$140K10xas long as short
QFEX BABA-USD+0.0044%1h117.09+0.009%$1.2M$3.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h117.00−0.068%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.01−0.060%$8K$286K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.03−0.043%$231K$428K10xas long as short
tradeXYZ xyz:BABAshort+0.0062%1h116.95−0.111%$11.8M$4.4M10x
Variational Omni BABA+0.0063%8h117.10+0.014%$337K$779Kas long as short
KuCoin BABAUSDTM+0.0100%8h116.96−0.102%$608K$386K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.09+0.009%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0120%1h117.08−0.001%$47K$309K10xas long as short
Binance BABAUSDT+0.0122%8h117.11+0.026%$15.3M$32.5M20xas long as short
Phoenix BABA+0.0205%1h117.15+0.060%$66K$89K10xas long as short