Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against GRVT+0.112%53s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as 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−$550.553% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.112%, 7d avg +0.021%
=Together, before fees−0.148%+ Points / potential airdropGRVT: Active · farm board−$15 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: Bitget is 0.091% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 53 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 | GRVT BABA_USDT_Perp | 116.55 | 0 | get 0.0000% / 8h | 7h 16m | $3K | $234K | 10x |
| Short | Bitget BABAUSDT | 116.68 | 0 | get 0.0000% / 8h | 7h 16m | $2.5M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- Price spread: +0.112% → +0.021%
- $9.08
- Slippage, 4 orders
- −$34.33
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.25
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 56 min ago; Bitget: live order book, 6 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 GRVT live order book, 56 min ago | 2.58 bp | 13.5 bp −$13 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 2.14 bp | 11.0 bp −$11 | 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 | 116.64 | +0.075% | $76K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.76 | +0.180% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.70 | +0.129% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 116.68 | +0.112% | $2.5M | $1.3M | 20x | |
| GRVT BABA_USDT_Perplong | 0.0000% | 8h | 116.55 | long leg | $3K | $234K | 10x | |
| SunX BABA-USDT | 0.0000% | 8h | 116.69 | +0.120% | $883 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.65 | +0.086% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.84 | +0.249% | $386K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.66 | +0.094% | $425K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.609% | $11K | $26K | 12x | 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 | 116.62 | +0.060% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.64 | +0.077% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.58 | +0.026% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.62 | +0.060% | $234K | $352K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.69 | +0.120% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.56 | +0.009% | $605K | $543K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.66 | +0.094% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0131% | 8h | 116.56 | +0.005% | $301K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0191% | 8h | 116.74 | +0.163% | $15.5M | $21.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.72 | +0.142% | $42K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.64 | +0.077% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.64 | +0.077% | $75K | $100K | 10x | as long as short |
GRVT BABA_USDT_Perp
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA