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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 117.65 | 0 | get 0.0000% / 8h | 2h 12m | $1.5M | $2.0M | 50x |
| Short | KuCoin BABAUSDTM | 117.54 | 0.0100 | get 0.0100% / 8h | 2h 12m | $611K | $424K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 3.40 bp | 18.9 bp −$19 | 119.9 bp −$1,199 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 22.87 bp | 67.4 bp −$67 | doesn't fit | 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 | 117.97 | +0.268% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.61 | −0.034% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 117.65 | long leg | $1.5M | $2.0M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 117.77 | +0.102% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.67 | +0.017% | $697 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.73 | +0.068% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.76 | +0.093% | $375K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.72 | +0.059% | $437K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.538% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.55 | −0.085% | $71K | $110K | 10x | as long as short |
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 | 117.52 | −0.110% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.65 | 0.000% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.55 | −0.085% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.43 | −0.187% | $238K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.60 | −0.042% | $1.2M | $3.3M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.63 | −0.013% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 117.54 | −0.093% | $611K | $424K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.61 | −0.034% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0106% | 8h | 117.63 | −0.021% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.69 | +0.031% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0178% | 8h | 117.75 | +0.085% | $15.6M | $31.5M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.55 | −0.085% | $66K | $90K | 10x | as long as short |
Gate BABA_USDT
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA