BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.4% APRnext payment +$1.31 per $10,000 · paid last 24h +0.072%

Price spread now: Binance against HTX−0.047%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.047% cheaper against HTX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 29 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BABA-USDT	117.04	0	get 0.0000% / 8h	1h 37m	$30K	$19K	20x
Short	Binance BABAUSDT	116.99	0.0131	get 0.0131% / 8h	1h 37m	$15.3M	$32.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee BinancebpOrdersPrice spread, now −0.047%Rate

Funding earned: $27.54
Price spread: −0.047% → 0.000%: −$4.69
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $0.85
Costs to cover: 0.220%
Break-even: 6.8 days

Slippage unknown: HTX: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	0.43 bp	5.4 bp −$5	6.1 bp −$61	66.0 bp −$6,601	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	117.31	+0.232%	$69K	$36K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.96	−0.068%	$2.1M	$731K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.97	−0.060%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.96	−0.068%	$2.4M	$1.8M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.97	−0.060%	$959	$3.3M	20x	as long as short
HTX BABA-USDTlong	0.0000%	8h	117.04	long leg	$30K	$19K	20x
Lighter BABA	+0.0032%	1h	117.05	+0.009%	$372K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.93	−0.094%	$434K	$510K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0033%	8h	116.99	−0.044%	$3K	$194K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.025%	$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
Arcus BABA-USD	+0.0040%	1h	116.98	−0.051%	$71K	$110K	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.98	−0.051%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.90	−0.120%	$11.7M	$4.4M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.89	−0.128%	$8K	$285K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.93	−0.094%	$224K	$418K	10x	as long as short
QFEX BABA-USD	+0.0063%	1h	116.96	−0.068%	$1.2M	$3.1M	10x	as long as short
Variational Omni BABA	+0.0065%	8h	116.98	−0.047%	$263K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.95	−0.077%	$609K	$401K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.95	−0.077%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0128%	1h	116.95	−0.076%	$43K	$326K	10x	as long as short
Binance BABAUSDTshort	+0.0131%	8h	116.99	−0.047%	$15.3M	$32.3M	20x
Phoenix BABA	+0.0204%	1h	116.99	−0.043%	$66K	$89K	10x	as long as short