Funding you earn now, next payment 23:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.034%
Price spread now: tradeXYZ against Gate−0.017%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.017%, 7d avg −0.117%
=Together, before fees+0.031%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.100% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 116.15 | 0 | get 0.0000% / 8h | 1h 04m | $1.4M | $1.7M | 50x |
| Short | tradeXYZ xyz:BABA | 116.13 | 0.0066 | get 0.0008% / 1h | 4m 22s | $12.1M | $3.0M | 10x |
Gate BABA_USDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $13.77
- Price spread: −0.017% → −0.117%
- $10.02
- Slippage, 4 orders
- −$20.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$29.28
- Costs to cover
- 0.531%
- Break-even
- 21.9 days
Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 4 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, 3 min ago | 2.58 bp | 18.6 bp −$19 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.29 bp | 11.7 bp −$12 | 19.8 bp −$198 | 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 | −0.093% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.15 | 0.000% | $2.2M | $603K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 116.15 | long leg | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.17 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.16 | +0.008% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.15 | −0.002% | $3K | $254K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.16 | +0.009% | $712 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.19 | +0.034% | $37K | $2K | 20x | as long as short |
| Binance BABAUSDT | +0.0032% | 8h | 116.17 | +0.020% | $15.4M | $21.0M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.27 | +0.103% | $384K | $49K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Binance BABAUSDT
Lighter BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BABA | +0.0032% | 1h | 116.17 | +0.017% | $446K | $590K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0032% | 1h | 116.15 | 0.000% | $42K | $383K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.267% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.14 | −0.009% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | −0.009% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.06 | −0.077% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.00 | −0.129% | $250K | $337K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0066% | 1h | 116.13 | −0.017% | $12.1M | $3.0M | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.09 | −0.052% | $602K | $620K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.15 | 0.000% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.14 | −0.009% | $65K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 116.16 | +0.009% | $79K | $93K | 10x | as long as short |
Lighter RH BABA
Extended BABA_24_5-USD
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD