BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.022%

Price spread now: Polymarket Perps against Bybit−0.043%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.546% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.043%, 7d avg −0.056%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.056%, 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	Bybit BABAUSDT	115.99	0	get 0.0000% / 8h	2h 24m	$2.2M	$615K	25x
Short	Polymarket Perps BABA-USD	115.94	0.0050	get 0.0006% / 1h	24m 03s	$10K	$263K	10x

Funding history

latest

Range statsloading…

Polymarket Perps against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.043%Rate

Slippage from Bybit: live order book, 3 min ago; Polymarket Perps: live order book, 63 min ago.

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, 3 min ago	3.45 bp	17.1 bp −$17	120.1 bp −$1,201	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 63 min ago	1.73 bp	6.2 bp −$6	6.5 bp −$65	doesn't fit	doesn't fit

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	115.96	−0.023%	$73K	$25K	20x	as long as short
Bybit BABAUSDTlong	0.0000%	8h	115.99	long leg	$2.2M	$615K	25x
Gate BABA_USDT	0.0000%	8h	116.03	+0.034%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.02	+0.026%	$2.5M	$1.3M	20x	as long as short
Variational Omni BABA	0.0000%	8h	115.98	−0.008%	$300K	$620K	—	as long as short
SunX BABA-USDT	0.0000%	8h	116.02	+0.026%	$749	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.20	+0.181%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.00	+0.009%	$446K	$595K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.129%	$11K	$26K	12x	as long as short
Lighter BABA	+0.0040%	1h	116.18	+0.164%	$384K	$51K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BABA-USD	+0.0042%	1h	116.02	+0.026%	$1.2M	$5.0M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	115.97	−0.017%	—	$9K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	115.97	−0.017%	$12.1M	$3.0M	10x	as long as short
GRVT BABA_USDT_Perp	+0.0050%	8h	116.09	+0.086%	$3K	$272K	10x	as long as short
Polymarket Perps BABA-USDshort	+0.0050%	1h	115.94	−0.043%	$10K	$263K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	115.97	−0.017%	$249K	$337K	10x	as long as short
Binance BABAUSDT	+0.0069%	8h	116.04	+0.043%	$15.4M	$21.1M	20x	as long as short
Extended BABA_24_5-USD	+0.0072%	1h	116.03	+0.032%	$42K	$383K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	115.97	−0.017%	$602K	$686K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.02	+0.026%	$2K	$1K	10x	as long as short
Phoenix BABA	+0.0207%	1h	116.05	+0.052%	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0643%	1h	116.01	+0.017%	$79K	$93K	10x	as long as short