BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.053%

Price spread now: Polymarket Perps against Extended−0.032%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.401% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.032%, 7d avg −0.044%

Together, before fees+0.012%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BABA_24_5-USD	118.82	0.0128	pay 0.0016% / 1h	47m 09s	$43K	$360K	10x
Short	Polymarket Perps BABA-USD	118.78	0.0050	get 0.0006% / 1h	47m 09s	$9K	$266K	10x

Funding history

latest

Range statsloading…

Polymarket Perps against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now −0.032%Rate

Slippage from Extended: live order book, 10 min ago; Polymarket Perps: live order book, 10 min ago.

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, 10 min ago	3.35 bp	12.5 bp −$13	58.4 bp −$584	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 10 min ago	2.51 bp	6.9 bp −$7	7.3 bp −$73	doesn't fit	doesn't fit

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	119.05	+0.198%	$72K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.86	+0.036%	$2.2M	$646K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.86	+0.036%	$1.5M	$1.8M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	119.00	+0.150%	$3K	$217K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.84	+0.019%	$985	$3.6M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	119.07	+0.213%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.85	+0.027%	$378K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.75	−0.057%	$428K	$495K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.506%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.95	+0.112%	$72K	$109K	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	118.85	+0.027%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.72	−0.082%	$12.0M	$4.1M	10x	as long as short
Polymarket Perps BABA-USDshort	+0.0050%	1h	118.78	−0.032%	$9K	$266K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	118.85	+0.027%	$241K	$405K	10x	as long as short
Variational Omni BABA	+0.0054%	8h	119.08	+0.220%	$268K	$658K	—	as long as short
QFEX BABA-USD	+0.0068%	1h	118.84	+0.019%	$1.2M	$4.3M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.75	−0.057%	$618K	$498K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.83	+0.011%	$2K	$798	10x	as long as short
Extended BABA_24_5-USDlong	+0.0128%	1h	118.82	long leg	$43K	$360K	10x
Binance BABAUSDT	+0.0128%	8h	118.80	−0.015%	$15.6M	$29.8M	20x	as long as short
Phoenix BABA	+0.0201%	1h	119.02	+0.170%	$67K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0983%	8h	118.86	+0.036%	$2.4M	$1.7M	20x	as long as short