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: Gate against KuCoin+0.094%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.094%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.59 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $607K | $397K | 20x |
| Short | Gate BABA_USDT | 116.70 | 0 | get 0.0000% / 8h | 1h 31m | $1.5M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.094% → +0.078%
- $1.66
- Slippage, 4 orders
- −$174.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$220.67
- Costs to cover
- 2.013%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Gate: live order book, 1 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, 13 min ago | 22.22 bp | 97.3 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.86 bp | 18.2 bp −$18 | 180.6 bp −$1,806 | 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 | 116.92 | +0.284% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.70 | +0.094% | $2.1M | $733K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.70 | +0.094% | $1.5M | $2.0M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.73 | +0.120% | $2.3M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.74 | +0.129% | $1K | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.08 | +0.420% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0031% | 8h | 117.02 | +0.372% | $3K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.74 | +0.129% | $371K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.63 | +0.034% | $433K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.643% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.84 | +0.214% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.72 | +0.112% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.53 | −0.051% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.62 | +0.026% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.86 | +0.232% | $227K | $421K | 10x | as long as short |
| Variational Omni BABA | +0.0060% | 8h | 116.91 | +0.278% | $263K | $652K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.72 | +0.112% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.59 | long leg | $607K | $397K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.77 | +0.154% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.66 | +0.060% | $43K | $304K | 10x | as long as short |
| Binance BABAUSDT | +0.0128% | 8h | 116.70 | +0.090% | $15.1M | $32.4M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.89 | +0.257% | $65K | $89K | 10x | as long as short |
KuCoin BABAUSDTM
Gate BABA_USDT
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA