Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate−0.059%81s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.059%, 7d avg +0.033%
=Together, before fees+0.030%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.093% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 116.23 | 0 | get 0.0000% / 8h | 56m 03s | $1.4M | $1.6M | 50x |
| Short | GRVT BABA_USDT_Perp | 116.16 | 0.0001 | get 0.0001% / 8h | 56m 03s | $3K | $254K | 10x |
Gate BABA_USDT
GRVT BABA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0.21
- Price spread: −0.059% → +0.033%
- −$9.26
- Slippage, 4 orders
- −$26.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$59.94
- Costs to cover
- 0.509%
- Break-even
- 2004.9 days
Slippage from Gate: live order book, 1 min ago; GRVT: live order book, 21 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, 1 min ago | 3.01 bp | 18.3 bp −$18 | 106.9 bp −$1,069 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 2.15 bp | 11.0 bp −$11 | 46.0 bp −$460 | 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 | 116.04 | −0.162% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.17 | −0.052% | $2.2M | $602K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 116.23 | long leg | $1.4M | $1.6M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.25 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.17 | −0.052% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.25 | +0.017% | $754 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.16 | −0.060% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perpshort | +0.0001% | 8h | 116.16 | −0.059% | $3K | $254K | 10x | |
| Lighter BABA | +0.0032% | 1h | 116.30 | +0.060% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.18 | −0.043% | $446K | $580K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.336% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | −0.077% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.18 | −0.043% | $1.2M | $5.1M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0048% | 1h | 116.22 | −0.011% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0048% | 8h | 116.23 | +0.003% | $15.4M | $21.1M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.12 | −0.095% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.08 | −0.129% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.11 | −0.103% | $239K | $348K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.11 | −0.103% | $602K | $614K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.16 | −0.060% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.20 | −0.026% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.17 | −0.052% | $78K | $94K | 10x | as long as short |
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USD
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD