Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.034%
Price spread now: tradeXYZ against Extended−0.012%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.012%, 7d avg −0.064%
=Together, before fees+0.009%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.052% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.31 | 0.0096 | pay 0.0012% / 1h | 44m 08s | $42K | $383K | 10x |
| Short | tradeXYZ xyz:BABA | 116.30 | 0.0129 | get 0.0016% / 1h | 44m 08s | $12.1M | $3.0M | 10x |
Extended BABA_24_5-USD
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $6.87
- Price spread: −0.012% → −0.064%
- $5.19
- Slippage, 4 orders
- −$23.61
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$34.54
- Costs to cover
- 0.466%
- Break-even
- 42.2 days
Slippage from Extended: live order book, 33 min ago; tradeXYZ: 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, 33 min ago | 3.02 bp | 12.6 bp −$13 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.43 bp | 11.1 bp −$11 | 21.1 bp −$211 | 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 | 116.23 | −0.070% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.28 | −0.029% | $2.2M | $597K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.35 | +0.031% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.39 | +0.065% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.28 | −0.029% | $445 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.27 | −0.038% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | −0.055% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.27 | −0.038% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.408% | $11K | $26K | 12x | as long as short |
| GRVT BABA_USDT_Perp | +0.0041% | 8h | 116.23 | −0.074% | $3K | $249K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_PerpShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.20 | −0.098% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.25 | −0.055% | $1.2M | $5.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.18 | −0.115% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.11 | −0.176% | $242K | $351K | 10x | as long as short |
| Lighter BABA | +0.0080% | 1h | 116.41 | +0.082% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0096% | 1h | 116.31 | long leg | $42K | $383K | 10x | |
| Binance BABAUSDT | +0.0099% | 8h | 116.34 | +0.020% | $15.3M | $21.4M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.16 | −0.133% | $602K | $605K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.27 | −0.038% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0129% | 1h | 116.30 | −0.012% | $12.1M | $3.0M | 10x | |
| Phoenix BABA | +0.0276% | 1h | 116.18 | −0.115% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.23 | −0.072% | $78K | $94K | 10x | as long as short |
Vest BABA-USD-PERP
QFEX BABA-USD
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Lighter BABA
Binance BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD