Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.066%
Price spread now: SunX against Extended+0.053%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.053%, 7d avg +0.029%
=Together, before fees−0.039%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.024% dearer against Extended than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.029%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 118.14 | 0.0128 | pay 0.0016% / 1h | 52m 31s | $44K | $355K | 10x |
| Short | SunX BABA-USDT | 118.20 | 0 | get 0.0000% / 8h | 3h 52m | $636 | $3.4M | 20x |
Extended BABA_24_5-USD
SunX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$26.88
- Price spread: +0.053% → +0.029%
- $2.35
- Slippage, 4 orders
- −$140.43
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$177.96
- Costs to cover
- 1.534%
- Break-even
- never at this rate
Slippage from Extended: live order book, 65 min ago; SunX: live order book, 5 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, 65 min ago | 3.35 bp | 12.5 bp −$13 | 58.4 bp −$584 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 45.63 bp | 64.5 bp −$64 | 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 | 118.19 | +0.044% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.14 | +0.002% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.19 | +0.044% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 118.20 | +0.053% | $636 | $3.4M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 118.22 | +0.070% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 118.32 | +0.154% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.22 | +0.070% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.16 | +0.019% | $437K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.945% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.16 | +0.019% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.18 | +0.036% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.06 | −0.066% | $11.9M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.11 | −0.023% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.14 | +0.002% | $238K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.16 | +0.019% | $1.2M | $4.0M | 10x | as long as short |
| Variational Omni BABA | +0.0061% | 8h | 118.15 | +0.014% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.13 | −0.006% | $615K | $465K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.18 | +0.036% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0128% | 1h | 118.14 | long leg | $44K | $355K | 10x | |
| Binance BABAUSDT | +0.0130% | 8h | 118.15 | +0.008% | $15.6M | $30.5M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.09 | −0.040% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0404% | 8h | 118.17 | +0.028% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
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
Phoenix BABA
Bitget BABAUSDT