Funding you earn now, next payment 09:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.001%
Price spread now: Binance against Extended+0.035%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now +0.035%, 7d avg +0.041%
=Together, before fees+0.308%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 117.24 | 0.0192 | pay 0.0024% / 1h | 19m 29s | $47K | $312K | 10x |
| Short | Binance BABAUSDT | 117.28 | 0.0190 | get 0.0190% / 8h | 7h 19m | $15.3M | $31.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$0.38
- Price spread: +0.035% → +0.041%
- −$0.55
- Slippage, 4 orders
- −$32.04
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.97
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from Extended: live order book, 13 min ago; Binance: live order book, 7 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 Extended live order book, 13 min ago | 2.99 bp | 12.5 bp −$12 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.71 bp | 11.1 bp −$11 | 27.8 bp −$278 | 88.6 bp −$8,862 | 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 | −0.152% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.24 | +0.002% | $2.1M | $723K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.27 | +0.028% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.18 | −0.049% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.25 | +0.010% | $891 | $2.7M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.29 | +0.045% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.27 | +0.028% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.17 | −0.058% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.192% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.16 | −0.066% | $70K | $136K | 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 | 117.13 | −0.092% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.06 | −0.152% | $8K | $280K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.11 | −0.109% | $231K | $411K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.30 | +0.053% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.04 | −0.169% | $612K | $425K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.25 | +0.010% | $2K | $798 | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0106% | 1h | 117.14 | −0.083% | $12.0M | $4.6M | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 117.24 | +0.005% | $337K | $664K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0145% | 8h | 117.22 | −0.013% | $3K | $182K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0190% | 8h | 117.28 | +0.035% | $15.3M | $31.0M | 20x | |
| Extended BABA_24_5-USDlong | +0.0192% | 1h | 117.24 | long leg | $47K | $312K | 10x | |
| Phoenix BABA | +0.0273% | 1h | 117.15 | −0.075% | $66K | $89K | 10x | as long as short |
Extended BABA_24_5-USD
Binance BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Phoenix BABA