Funding you earn now, next payment 09:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.061%
Price spread now: Extended against Bybit−0.043%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.043%, 7d avg −0.018%
=Together, before fees+0.176%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.018%). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.164% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 117.20 | 0 | get 0.0000% / 8h | 7h 56m | $2.1M | $721K | 25x |
| Short | Extended BABA_24_5-USD | 117.15 | 0.0160 | get 0.0020% / 1h | 56m 38s | $43K | $311K | 10x |
Bybit BABAUSDT
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $33.6
- Price spread: −0.043% → −0.018%
- −$2.48
- Slippage, 4 orders
- −$35.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.65
- Costs to cover
- 0.518%
- Break-even
- 11.3 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 41 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 Bybit live order book, 5 min ago | 1.71 bp | 12.0 bp −$12 | 84.9 bp −$849 | doesn't fit | doesn't fit |
| Sell Extended live order book, 41 min ago | 3.00 bp | 13.0 bp −$13 | 70.9 bp −$709 | 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 | 117.06 | −0.116% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 117.20 | long leg | $2.1M | $721K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 117.22 | +0.017% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.15 | −0.043% | $2.3M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.23 | +0.026% | $906 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.24 | +0.034% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.25 | +0.043% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.17 | −0.026% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.160% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.10 | −0.085% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.15 | −0.043% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.10 | −0.085% | $11.8M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.11 | −0.077% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.03 | −0.145% | $231K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.15 | −0.043% | $1.2M | $3.0M | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 117.17 | −0.026% | $337K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.09 | −0.094% | $609K | $398K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.22 | +0.017% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDshort | +0.0160% | 1h | 117.15 | −0.043% | $43K | $311K | 10x | |
| Binance BABAUSDT | +0.0164% | 8h | 117.17 | −0.024% | $15.3M | $31.7M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.11 | −0.077% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0636% | 8h | 117.20 | 0.000% | $3K | $184K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp