Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.062%
Price spread now: HTX against Extended+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. HTX is 0.039% dearer against Extended than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 115.95 | 0.0032 | pay 0.0004% / 1h | 3m 33s | $42K | $383K | 10x |
| Short | HTX BABA-USDT | 116.00 | 0 | get 0.0000% / 8h | 2h 03m | $37K | $2K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: +0.039% → 0.000%
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.78
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 19 min ago; HTX: 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, 19 min ago | 3.02 bp | 12.6 bp −$13 | 93.9 bp −$939 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 BABAUSDT | 0.0000% | 8h | 116.09 | +0.114% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.91 | −0.038% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.96 | +0.005% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 115.96 | +0.005% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.97 | +0.011% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.96 | +0.005% | $594 | $4.2M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 116.00 | +0.039% | $37K | $2K | 20x | |
| GRVT BABA_USDT_Perp | +0.0009% | 8h | 115.99 | +0.030% | $3K | $269K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.13 | +0.152% | $384K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.92 | −0.030% | $445K | $595K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABA_24_5-USDlong | +0.0032% | 1h | 115.95 | long leg | $42K | $383K | 10x | |
| Binance BABAUSDT | +0.0033% | 8h | 115.97 | +0.011% | $15.3M | $21.1M | 20x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.099% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.94 | −0.012% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.91 | −0.038% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.91 | −0.038% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.88 | −0.064% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.80 | −0.133% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.85 | −0.090% | $601K | $669K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.98 | +0.022% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.00 | +0.039% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.94 | −0.012% | $79K | $93K | 10x | as long as short |
Extended BABA_24_5-USD
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Binance BABAUSDT
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Phoenix BABA