Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.068%
Price spread now: Extended against Gate+0.057%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.057%, 7d avg −0.024%
=Together, before fees−0.134%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.081% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 119.09 | 0 | get 0.0000% / 8h | 4h 50m | $1.5M | $1.8M | 50x |
| Short | Extended BABA_24_5-USD | 119.16 | 0.0120 | get 0.0015% / 1h | 50m 56s | $43K | $365K | 10x |
Gate BABA_USDT
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $25.2
- Price spread: +0.057% → −0.024%
- $8.06
- Slippage, 4 orders
- −$33.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20
- Costs to cover
- 0.533%
- Break-even
- 12.6 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 7 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, 2 min ago | 0.42 bp | 11.6 bp −$12 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
| Sell Extended live order book, 7 min ago | 3.35 bp | 12.5 bp −$13 | 89.2 bp −$892 | 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 | 119.09 | −0.004% | $74K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.13 | +0.034% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 119.09 | long leg | $1.5M | $1.8M | 50x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.25 | +0.134% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.13 | +0.034% | $821 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.23 | +0.118% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.14 | +0.042% | $379K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.00 | −0.076% | $428K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.729% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.17 | +0.067% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
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 | 119.06 | −0.025% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.04 | −0.042% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.98 | −0.092% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.01 | −0.067% | $241K | $405K | 10x | as long as short |
| Variational Omni BABA | +0.0054% | 8h | 119.08 | −0.009% | $268K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.95 | −0.118% | $1.2M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.08 | −0.008% | $619K | $499K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.96 | −0.109% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDshort | +0.0120% | 1h | 119.16 | +0.057% | $43K | $365K | 10x | |
| Binance BABAUSDT | +0.0123% | 8h | 119.20 | +0.091% | $15.6M | $29.7M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.26 | +0.143% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.1008% | 8h | 119.11 | +0.017% | $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
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT