Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against KuCoin+0.069%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.069%, 7d avg +0.114%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 115.91 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $601K | $639K | 20x |
| Short | Bitget BABAUSDT | 115.99 | 0 | get 0.0000% / 8h | 1h 29m | $2.5M | $1.3M | 20x |
KuCoin BABAUSDTM
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.069% → +0.114%
- −$4.54
- Slippage, 4 orders
- −$166.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$215.66
- Costs to cover
- 1.901%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bitget: live order book, 3 min ago.
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 KuCoin live order book, 44 min ago | 14.24 bp | 93.3 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.72 bp | 11.3 bp −$11 | 29.8 bp −$298 | doesn't fit | doesn't fit |
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 | 116.00 | +0.078% | $75K | $27K | 20x | as long as short |
| Extended BABA_24_5-USD | 0.0000% | 1h | 115.95 | +0.035% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | 0.0000% | 8h | 115.97 | +0.052% | $15.3M | $21.1M | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.00 | +0.078% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.96 | +0.043% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 115.99 | +0.069% | $2.5M | $1.3M | 20x | |
| Variational Omni BABA | 0.0000% | 8h | 115.95 | +0.035% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 115.97 | +0.054% | $3K | $258K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.96 | +0.043% | $807 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 115.99 | +0.069% | $37K | $2K | 20x | as long as short |
Aster BABAUSDT
Extended BABA_24_5-USD
Binance BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.07 | +0.138% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.97 | +0.052% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.060% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 115.92 | +0.009% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.92 | +0.009% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.93 | +0.017% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.88 | −0.026% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.85 | −0.052% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 115.91 | long leg | $601K | $639K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.96 | +0.043% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 115.96 | +0.043% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 115.97 | +0.052% | $79K | $93K | 10x | as long as short |
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD