Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against Orderly−0.174%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.174% cheaper against Orderly than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 117.34 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $2K | $798 | 10x |
| Short | Aster BABAUSDT | 117.14 | 0 | get 0.0000% / 8h | 7h 39m | $68K | $41K | 20x |
Orderly PERP_BABA_USDC_mythos
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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: −0.174% → 0.000%
- −$17.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$52.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Orderly and Aster: 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 BABAUSDTshort | 0.0000% | 8h | 117.14 | −0.174% | $68K | $41K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.28 | −0.051% | $2.1M | $728K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.34 | 0.000% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.28 | −0.051% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.33 | −0.009% | $874 | $2.8M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.39 | +0.043% | $374K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.31 | −0.026% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.278% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.24 | −0.085% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.29 | −0.043% | — | $19K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USD
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 | 117.21 | −0.111% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.16 | −0.153% | $232K | $420K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.32 | −0.017% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.19 | −0.128% | $613K | $405K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 117.34 | long leg | $2K | $798 | 10x | |
| tradeXYZ xyz:BABA | +0.0119% | 1h | 117.26 | −0.068% | $12.0M | $4.6M | 10x | as long as short |
| Variational Omni BABA | +0.0144% | 8h | 117.33 | −0.008% | $337K | $722K | — | as long as short |
| HTX BABA-USDT | +0.0161% | 8h | 117.39 | +0.043% | $30K | $19K | 20x | as long as short |
| Binance BABAUSDT | +0.0198% | 8h | 117.33 | −0.009% | $15.3M | $31.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 117.30 | −0.033% | $47K | $316K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.27 | −0.060% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0705% | 8h | 117.33 | −0.012% | $3K | $184K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Variational Omni BABA
HTX BABA-USDT
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
GRVT BABA_USDT_Perp