Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.042%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.042%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 118.38 | 0 | get 0.0000% / 8h | 3h 10m | $2.1M | $707K | 25x |
| Short | Gate BABA_USDT | 118.43 | 0 | get 0.0000% / 8h | 3h 10m | $1.5M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.042% → +0.003%
- $3.93
- Slippage, 4 orders
- −$37.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.01
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 3.80 bp | 14.9 bp −$15 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.49 bp | 18.9 bp −$19 | 159.3 bp −$1,593 | 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 | 118.43 | +0.042% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 118.38 | long leg | $2.1M | $707K | 25x | |
| Gate BABA_USDTshort | 0.0000% | 8h | 118.43 | +0.042% | $1.5M | $2.0M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.43 | +0.042% | $699 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.093% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0014% | 8h | 118.39 | +0.008% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.42 | +0.034% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.36 | −0.017% | $438K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.146% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.36 | −0.017% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.38 | 0.000% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.29 | −0.076% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.32 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.29 | −0.076% | $238K | $408K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.39 | +0.008% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0067% | 8h | 118.42 | +0.032% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.21 | −0.144% | $615K | $457K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.41 | +0.025% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.37 | −0.005% | $43K | $354K | 10x | as long as short |
| Binance BABAUSDT | +0.0143% | 8h | 118.41 | +0.027% | $15.7M | $30.7M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.28 | −0.084% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0252% | 8h | 118.38 | 0.000% | $2.4M | $1.7M | 20x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Aster BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT