Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.027%
Price spread now: GRVT against Extended−0.337%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.337%, 7d avg +0.047%
=Together, before fees+0.297%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.384% cheaper against Extended than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 118.45 | 0.0160 | pay 0.0020% / 1h | 55m 07s | $43K | $356K | 10x |
| Short | GRVT BABA_USDT_Perp | 118.05 | 0.0048 | get 0.0048% / 8h | 2h 55m | $3K | $194K | 10x |
Extended BABA_24_5-USD
GRVT BABA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$23.52
- Price spread: −0.337% → +0.047%
- −$38.36
- Slippage, 4 orders
- −$36.54
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$112.42
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from Extended: live order book, 57 min ago; GRVT: live order book, 57 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, 57 min ago | 2.96 bp | 12.3 bp −$12 | 146.5 bp −$1,465 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 57 min ago | 2.54 bp | 10.8 bp −$11 | 25.7 bp −$257 | 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 | 118.34 | −0.089% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.45 | 0.000% | $2.1M | $710K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.44 | −0.009% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.50 | +0.042% | $774 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.50 | +0.042% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.48 | +0.025% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.47 | +0.017% | $438K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.204% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.17 | −0.237% | $72K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.40 | −0.042% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BABA_USDT_Perpshort | +0.0048% | 8h | 118.05 | −0.337% | $3K | $194K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.34 | −0.093% | $12.0M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.39 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.09 | −0.304% | $238K | $408K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 118.44 | −0.009% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0084% | 8h | 118.31 | −0.119% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.35 | −0.085% | $616K | $446K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.49 | +0.034% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0160% | 8h | 118.44 | −0.009% | $15.7M | $30.9M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0160% | 1h | 118.45 | long leg | $43K | $356K | 10x | |
| Bitget BABAUSDT | +0.0189% | 8h | 118.46 | +0.008% | $2.4M | $1.7M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.03 | −0.355% | $66K | $90K | 10x | as long as short |
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
Bitget BABAUSDT
Phoenix BABA