Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.093%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1791.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.093%, 7d avg −0.078%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT117.650get 0.0000% / 8h2h 12m$1.5M$2.0M50x
ShortKuCoin BABAUSDTM117.540.0100get 0.0100% / 8h2h 12m$611K$424K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$21
Price spread: −0.093% → −0.078%
−$1.55
Slippage, 4 orders
−$151.95
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$159.5
Costs to cover
1.790%
Break-even
60.2 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago3.40 bp18.9 bp −$19119.9 bp −$1,199doesn't fitdoesn't fit
Sell KuCoin live order book, 46 min ago22.87 bp67.4 bp −$67doesn't fitdoesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h117.97+0.268%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.61−0.034%$2.1M$721K25xas long as short
Gate BABA_USDTlong0.0000%8h117.65long leg$1.5M$2.0M50x
Bitget BABAUSDT0.0000%8h117.77+0.102%$2.4M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h117.67+0.017%$697$3.3M20xas long as short
HTX BABA-USDT0.0000%8h117.73+0.068%$30K$18K20xas long as short
Lighter BABA+0.0032%1h117.76+0.093%$375K$73K10xas long as short
Lighter RH BABA+0.0032%1h117.72+0.059%$437K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.538%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.55−0.085%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.52−0.110%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.650.000%$11.9M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.55−0.085%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.43−0.187%$238K$401K10xas long as short
QFEX BABA-USD+0.0073%1h117.60−0.042%$1.2M$3.3M10xas long as short
GRVT BABA_USDT_Perp+0.0084%8h117.63−0.013%$3K$193K10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h117.54−0.093%$611K$424K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.61−0.034%$2K$79810xas long as short
Variational Omni BABA+0.0106%8h117.63−0.021%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0176%1h117.69+0.031%$44K$355K10xas long as short
Binance BABAUSDT+0.0178%8h117.75+0.085%$15.6M$31.5M20xas long as short
Phoenix BABA+0.0271%1h117.55−0.085%$66K$90K10xas long as short