Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.051%
Price spread now: Binance against Gate+0.026%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 2 days (all we have)+0.014%+$1 · spread now +0.026%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 115.93 | 0 | get 0.0000% / 8h | 1h 52m | $1.4M | $1.7M | 50x |
| Short | Binance BABAUSDT | 115.96 | 0.0018 | get 0.0018% / 8h | 1h 52m | $15.3M | $21.1M | 20x |
Gate BABA_USDT
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $3.88
- Price spread: +0.026% → −0.003%
- $2.88
- Slippage, 4 orders
- −$27.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.87
- Costs to cover
- 0.526%
- Break-even
- 89.7 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 3 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 Gate live order book, 4 min ago | 2.59 bp | 19.9 bp −$20 | 101.0 bp −$1,010 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.43 bp | 9.6 bp −$10 | 19.8 bp −$198 | 123.5 bp −$12.3K | 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 | 116.00 | +0.060% | $73K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.94 | +0.009% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 115.93 | long leg | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 115.95 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.92 | −0.013% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 115.96 | +0.025% | $3K | $268K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.94 | +0.009% | $228 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 115.98 | +0.043% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0016% | 1h | 115.94 | +0.010% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0018% | 8h | 115.96 | +0.026% | $15.3M | $21.1M | 20x |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Extended BABA_24_5-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.07 | +0.121% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.92 | −0.009% | $445K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.078% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 115.92 | −0.009% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.91 | −0.017% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.90 | −0.026% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.84 | −0.078% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.74 | −0.164% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.85 | −0.069% | $601K | $658K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.94 | +0.009% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 115.91 | −0.017% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 115.93 | 0.000% | $79K | $93K | 10x | as long as short |
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD