Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against HTX0.000%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 118.22 | 0 | get 0.0000% / 8h | 3h 45m | $30K | $18K | 20x |
| Short | tradeXYZ xyz:BABA | 118.22 | 0.0050 | get 0.0006% / 1h | 45m 37s | $12.0M | $4.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$19.5
- Costs to cover
- 0.300%
- Break-even
- 20.0 days
Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago | 1.27 bp | 13.4 bp −$13 | 17.2 bp −$172 | 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 | 118.23 | +0.012% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.29 | +0.059% | $2.1M | $704K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.33 | +0.093% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.13 | −0.078% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.29 | +0.059% | $775 | $3.4M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 118.22 | long leg | $30K | $18K | 20x | |
| Lighter BABA | +0.0032% | 1h | 118.42 | +0.169% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.33 | +0.093% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.013% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.18 | −0.034% | $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 | 118.25 | +0.025% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 118.22 | 0.000% | $12.0M | $4.2M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | −0.017% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.21 | −0.008% | $238K | $406K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 118.32 | +0.088% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.26 | +0.034% | $1.2M | $4.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.13 | −0.076% | $616K | $460K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.29 | +0.059% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.30 | +0.065% | $43K | $358K | 10x | as long as short |
| Binance BABAUSDT | +0.0131% | 8h | 118.33 | +0.093% | $15.6M | $30.6M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.08 | −0.118% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0348% | 8h | 118.35 | +0.110% | $2.4M | $1.7M | 20x | as long as short |
HTX BABA-USDT
tradeXYZ xyz:BABA
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
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT