Funding you earn now, next payment 09:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.131%
Price spread now: Arcus against Injective+1.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 1.114% dearer against Injective than usual: you sell high and buy low, +$111 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 58m 21s | $11K | $26K | 12x |
| Short | Arcus BABA-USD | 117.13 | 0.0040 | get 0.0005% / 1h | 58m 21s | $70K | $140K | 10x |
Injective BABA/USDC PERP
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- $1.46
- Price spread: +1.114% → 0.000%
- $111.36
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $108.3
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Arcus: live order book, 31 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 Injective no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 31 min ago | 1.71 bp | 8.6 bp −$9 | 10.9 bp −$109 | doesn't fit | doesn't fit |
Injective: 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 | 117.05 | +1.048% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.21 | +1.183% | $2.1M | $718K | 25x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.22 | +1.191% | $2.3M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.20 | +1.174% | $788 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.22 | +1.191% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.25 | +1.217% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.18 | +1.157% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USDshort | +0.0040% | 1h | 117.13 | +1.114% | $70K | $140K | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.10 | +1.088% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.12 | +1.105% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.07 | +1.062% | $231K | $422K | 10x | as long as short |
| Gate BABA_USDT | +0.0052% | 8h | 117.25 | +1.217% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | +0.0067% | 8h | 117.19 | +1.164% | $3K | $187K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.19 | +1.165% | $1.2M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0088% | 1h | 117.11 | +1.096% | $11.8M | $4.5M | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 117.17 | +1.147% | $337K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.47 | +1.407% | $611K | $397K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.22 | +1.191% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 117.18 | +1.158% | $43K | $311K | 10x | as long as short |
| Binance BABAUSDT | +0.0161% | 8h | 117.22 | +1.188% | $15.3M | $31.8M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.11 | +1.096% | $66K | $89K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Gate BABA_USDT
GRVT BABA_USDT_Perp
QFEX BABA-USD
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA