Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM116.590.0100pay 0.0100% / 8h1h 31m$607K$397K20x
ShortGate BABA_USDT116.700get 0.0000% / 8h1h 31m$1.5M$2.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 13 min ago22.22 bp97.3 bp −$97doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.86 bp18.2 bp −$18180.6 bp −$1,806doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.92+0.284%$68K$36K20xas long as short
Bybit BABAUSDT0.0000%8h116.70+0.094%$2.1M$733K25xas long as short
Gate BABA_USDTshort0.0000%8h116.70+0.094%$1.5M$2.0M50x
Bitget BABAUSDT0.0000%8h116.73+0.120%$2.3M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h116.74+0.129%$1K$3.3M20xas long as short
HTX BABA-USDT0.0000%8h117.08+0.420%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0031%8h117.02+0.372%$3K$194K10xas long as short
Lighter BABA+0.0032%1h116.74+0.129%$371K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.63+0.034%$433K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.643%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.84+0.214%$71K$110K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.72+0.112%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.53−0.051%$11.7M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.62+0.026%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.86+0.232%$227K$421K10xas long as short
Variational Omni BABA+0.0060%8h116.91+0.278%$263K$652Kas long as short
QFEX BABA-USD+0.0063%1h116.72+0.112%$1.2M$3.1M10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h116.59long leg$607K$397K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.77+0.154%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0128%1h116.66+0.060%$43K$304K10xas long as short
Binance BABAUSDT+0.0128%8h116.70+0.090%$15.1M$32.4M20xas long as short
Phoenix BABA+0.0204%1h116.89+0.257%$65K$89K10xas long as short