BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.141%

Price spread now: Arcus against Gate−0.017%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$530.531% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.177%+$18 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.017%, 7d avg −0.011%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABA_USDT	118.31	0	get 0.0000% / 8h	4h 00m	$1.5M	$1.9M	50x
Short	Arcus BABA-USD	118.29	0.0040	get 0.0005% / 1h	0m 32s	$72K	$109K	10x

Funding history

latest

Range statsloading…

Arcus against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

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

Position, each leg$Hold fordaysFee GatebpFee ArcusbpOrdersPrice spread, now −0.017%Rate

Slippage from Gate: live order book, 2 min ago; Arcus: live order book, 48 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	2.11 bp	15.2 bp −$15	146.7 bp −$1,467	doesn't fit	doesn't fit
Sell Arcus live order book, 48 min ago	4.63 bp	10.7 bp −$11	13.1 bp −$131	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	118.27	−0.035%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.36	+0.042%	$2.1M	$698K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	118.31	long leg	$1.5M	$1.9M	50x
GRVT BABA_USDT_Perp	0.0000%	8h	118.37	+0.047%	$3K	$193K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.32	+0.008%	$1K	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.40	+0.076%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.33	+0.017%	$376K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.25	−0.051%	$437K	$508K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.088%	$11K	$26K	12x	as long as short
Arcus BABA-USDshort	+0.0040%	1h	118.29	−0.017%	$72K	$109K	10x

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	118.29	−0.017%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.23	−0.068%	$11.9M	$4.2M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.24	−0.059%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.35	+0.034%	$238K	$407K	10x	as long as short
Variational Omni BABA	+0.0058%	8h	118.29	−0.013%	$266K	$658K	—	as long as short
QFEX BABA-USD	+0.0068%	1h	118.29	−0.017%	$1.2M	$4.1M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.18	−0.110%	$616K	$470K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.29	−0.017%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0134%	8h	118.34	+0.025%	$15.6M	$30.4M	20x	as long as short
Extended BABA_24_5-USD	+0.0136%	1h	118.29	−0.019%	$44K	$358K	10x	as long as short
Phoenix BABA	+0.0201%	1h	118.31	0.000%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0467%	8h	118.38	+0.059%	$2.4M	$1.7M	20x	as long as short