Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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. Orderly is 0.135% cheaper against HTX than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 118.49 | 0 | get 0.0000% / 8h | 3h 57m | $30K | $18K | 20x |
| Short | Orderly PERP_BABA_USDC_mythos | 118.33 | 0.0100 | get 0.0100% / 8h | 3h 57m | $2K | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against HTX. 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
- $21
- Price spread: −0.135% → 0.000%
- −$13.5
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.5
- Costs to cover
- 0.180%
- Break-even
- 10.5 days
Slippage unknown: HTX: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
HTX and Orderly: 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 | 118.24 | −0.209% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.32 | −0.143% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.32 | −0.143% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.37 | −0.105% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.34 | −0.127% | $869 | $3.4M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 118.49 | long leg | $30K | $18K | 20x | |
| Lighter BABA | +0.0032% | 1h | 118.40 | −0.076% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.32 | −0.143% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.236% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.29 | −0.169% | $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 | 118.35 | −0.118% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.28 | −0.177% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.28 | −0.177% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.35 | −0.118% | $1.2M | $4.1M | 10x | as long as short |
| Variational Omni BABA | +0.0058% | 8h | 118.29 | −0.165% | $266K | $658K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0066% | 1h | 118.22 | −0.228% | $11.9M | $4.2M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.24 | −0.211% | $616K | $468K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 118.33 | −0.135% | $2K | $798 | 10x | |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.30 | −0.162% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0137% | 8h | 118.33 | −0.135% | $15.6M | $30.4M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.32 | −0.143% | $66K | $89K | 10x | as long as short |
| Bitget BABAUSDT | +0.0450% | 8h | 118.31 | −0.152% | $2.4M | $1.7M | 20x | as long as short |
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT