Funding you earn now, next payment 23:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h −0.032%
Price spread now: KuCoin against Extended−0.074%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1881.882% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.074%, 7d avg −0.052%
=Together, before fees+0.125%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.023% cheaper against Extended than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.052%). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.029% in total) that is about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.13 | 0.0008 | pay 0.0001% / 1h | 14m 27s | $42K | $383K | 10x |
| Short | KuCoin BABAUSDTM | 116.04 | 0.0100 | get 0.0100% / 8h | 1h 14m | $601K | $627K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $19.32
- Price spread: −0.074% → −0.052%
- −$2.25
- Slippage, 4 orders
- −$171.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.17
- Costs to cover
- 1.882%
- Break-even
- 69.0 days
Slippage from Extended: live order book, 3 min ago; KuCoin: live order book, 59 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, 3 min ago | 3.02 bp | 12.6 bp −$13 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 14.24 bp | 69.7 bp −$70 | doesn't fit | 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 | 116.01 | −0.096% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.09 | −0.031% | $2.2M | $609K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.13 | +0.003% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.15 | +0.021% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.11 | −0.013% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.10 | −0.022% | $3K | $255K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.14 | +0.012% | $710 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.14 | +0.012% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0008% | 1h | 116.13 | long leg | $42K | $383K | 10x | |
| Binance BABAUSDT | +0.0010% | 8h | 116.15 | +0.021% | $15.4M | $21.1M | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.23 | +0.089% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.10 | −0.022% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.246% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.12 | −0.005% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.02 | −0.091% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.02 | −0.091% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.86 | −0.229% | $250K | $336K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0055% | 1h | 116.11 | −0.014% | $12.1M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.04 | −0.074% | $601K | $627K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.13 | +0.003% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.07 | −0.048% | $65K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 116.12 | −0.005% | $79K | $93K | 10x | as long as short |
Extended BABA_24_5-USD
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Binance BABAUSDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
Phoenix BABA