Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: Gate against GRVT−0.047%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.047%, 7d avg −0.034%
=Together, before fees+0.088%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BABA_USDT_Perp | 118.37 | 0 | get 0.0000% / 8h | 4h 01m | $3K | $193K | 10x |
| Short | Gate BABA_USDT | 118.31 | 0 | get 0.0000% / 8h | 4h 01m | $1.5M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.047% → −0.034%
- −$1.37
- Slippage, 4 orders
- −$24.34
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.71
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 56 min ago; Gate: live order book, 1 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 | 2.93 bp | 10.5 bp −$11 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.11 bp | 15.0 bp −$15 | 144.4 bp −$1,444 | 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 | 118.28 | −0.076% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.33 | −0.030% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 118.31 | −0.047% | $1.5M | $1.9M | 50x | |
| GRVT BABA_USDT_Perplong | 0.0000% | 8h | 118.37 | long leg | $3K | $193K | 10x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.32 | −0.039% | $1K | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.40 | +0.029% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.32 | −0.039% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.24 | −0.106% | $437K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.134% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.30 | −0.056% | $72K | $109K | 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 | 118.29 | −0.064% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.22 | −0.123% | $11.9M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.24 | −0.106% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.35 | −0.014% | $238K | $407K | 10x | as long as short |
| Variational Omni BABA | +0.0063% | 8h | 118.32 | −0.035% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.26 | −0.090% | $1.2M | $4.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.20 | −0.140% | $616K | $472K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.29 | −0.064% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0132% | 8h | 118.32 | −0.037% | $15.6M | $30.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.29 | −0.066% | $44K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.31 | −0.047% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0475% | 8h | 118.38 | +0.012% | $2.4M | $1.7M | 20x | as long as short |
GRVT BABA_USDT_Perp
Gate BABA_USDT
Aster BABAUSDT
Bybit BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT