Funding you earn now, next payment 01:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.065%
Price spread now: Aster against Extended−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.033% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.71 | 0.0192 | pay 0.0024% / 1h | 16m 17s | $42K | $360K | 10x |
| Short | Aster BABAUSDT | 116.67 | 0 | get 0.0000% / 8h | 7h 16m | $76K | $27K | 20x |
Extended BABA_24_5-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$40.32
- Price spread: −0.033% → 0.000%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$56.65
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 56 min ago; Aster: no order-book sample. Net counts fees only.
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 Extended live order book, 56 min ago | 3.01 bp | 12.6 bp −$13 | 66.3 bp −$663 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 BABAUSDTshort | 0.0000% | 8h | 116.67 | −0.033% | $76K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.76 | +0.045% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.73 | +0.019% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.68 | −0.024% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.55 | −0.135% | $3K | $234K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.70 | −0.006% | $529 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.65 | −0.049% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.89 | +0.156% | $386K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.71 | +0.002% | $425K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.743% | $11K | $26K | 12x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.67 | −0.032% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.71 | +0.002% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.66 | −0.041% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.62 | −0.075% | $234K | $352K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.69 | −0.015% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.60 | −0.092% | $605K | $543K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.71 | +0.002% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0134% | 8h | 116.72 | +0.012% | $302K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0191% | 8h | 116.75 | +0.036% | $15.5M | $21.9M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0192% | 1h | 116.71 | long leg | $42K | $360K | 10x | |
| Phoenix BABA | +0.0343% | 1h | 116.64 | −0.058% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.64 | −0.058% | $75K | $100K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD