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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: SunX against GRVT+0.246%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1441.437% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.246%, 7d avg −0.021%
Together, before fees−0.035%+ Points / potential airdropGRVT: Active · farm board−$3 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: SunX is 0.267% dearer against GRVT than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp119.650get 0.0000% / 8h5h 31m$3K$219K10x
ShortSunX BABA-USDT119.940get 0.0000% / 8h5h 31m$794$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against GRVT. 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
$0
Price spread: +0.246% → −0.021%
$26.75
Slippage, 4 orders
−$126.65
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$116.91
Costs to cover
1.437%
Break-even
never at this rate
Slippage from GRVT: live order book, 31 min ago; SunX: live order book, 7 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 GRVT live order book, 31 min ago2.11 bp6.6 bp −$724.7 bp −$247doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago24.74 bp43.3 bp −$43doesn'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%8h119.81+0.133%$78K$28K20xas long as short
Bybit BABAUSDT0.0000%8h120.06+0.346%$2.2M$629K25xas long as short
Gate BABA_USDT0.0000%8h119.92+0.229%$1.5M$1.7M50xas long as short
GRVT BABA_USDT_Perplong0.0000%8h119.65long leg$3K$219K10x
SunX BABA-USDTshort0.0000%8h119.94+0.246%$794$3.5M20x
HTX BABA-USDT0.0000%8h119.74+0.079%$35K$8K20xas long as short
Lighter BABA+0.0032%1h119.93+0.238%$381K$69K10xas long as short
Lighter RH BABA+0.0032%1h119.89+0.204%$433K$497K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.181%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.54−0.088%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.90+0.213%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h119.77+0.104%$12.2M$3.7M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.82+0.146%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.77+0.104%$243K$388K10xas long as short
QFEX BABA-USD+0.0061%1h119.87+0.188%$1.2M$4.4M10xas long as short
Variational Omni BABA+0.0095%8h119.43−0.183%$268K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.86+0.179%$625K$513K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.90+0.213%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0160%1h119.83+0.151%$44K$368K10xas long as short
Binance BABAUSDT+0.0163%8h120.02+0.313%$16.1M$25.9M20xas long as short
Phoenix BABA+0.0203%1h119.43−0.180%$67K$68K10xas long as short
Bitget BABAUSDT+0.0708%8h119.97+0.271%$2.5M$1.4M20xas long as short