Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against HTX−0.179%46s7-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. Polymarket Perps is 0.179% cheaper against HTX than usual: you would sell low and buy high (spread −0.179% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 46 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 | HTX BABA-USDT | 117.04 | 0 | get 0.0000% / 8h | 1h 36m | $30K | $19K | 20x |
| Short | Polymarket Perps BABA-USD | 116.83 | 0.0050 | get 0.0006% / 1h | 36m 27s | $8K | $285K | 10x |
HTX BABA-USDT
Polymarket Perps BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.179% → 0.000%
- −$17.94
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.44
- Costs to cover
- 0.200%
- Break-even
- 25.3 days
Slippage unknown: HTX: no order-book sample; Polymarket Perps: live order book, 6 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 Polymarket Perps live order book, 6 min ago | 0.43 bp | 7.8 bp −$8 | 7.8 bp −$78 | doesn't fit | 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 | 117.22 | +0.153% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.91 | −0.111% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.92 | −0.103% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.92 | −0.103% | $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 | 116.97 | −0.060% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.87 | −0.145% | $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 |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
GRVT BABA_USDT_Perp
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.95 | −0.077% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.89 | −0.128% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.80 | −0.205% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 116.83 | −0.179% | $8K | $285K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.90 | −0.120% | $224K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.87 | −0.145% | $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 | 116.86 | −0.154% | $609K | $401K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.87 | −0.145% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.88 | −0.134% | $43K | $326K | 10x | as long as short |
| Binance BABAUSDT | +0.0130% | 8h | 116.90 | −0.116% | $15.3M | $32.4M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.99 | −0.043% | $66K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA