BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.042%

Price spread now: Binance against Orderly−0.161%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, the price is against you. Binance is 0.161% cheaper against Orderly than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BABA_USDC_mythos	118.34	0.0100	pay 0.0100% / 8h	3h 56m	$2K	$798	10x
Short	Binance BABAUSDT	118.15	0.0137	get 0.0137% / 8h	3h 56m	$15.6M	$30.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee BinancebpOrdersPrice spread, now −0.161%Rate

Funding earned: $7.77
Price spread: −0.161% → 0.000%: −$16.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.29
Costs to cover: 0.160%
Break-even: 28.9 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 15 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	0.42 bp	7.3 bp −$7	22.7 bp −$227	35.3 bp −$3,528	doesn't fit

Orderly: 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	118.23	−0.095%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.18	−0.135%	$2.1M	$698K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.19	−0.127%	$1.5M	$1.9M	50x	as long as short
SunX BABA-USDT	0.0000%	8h	118.35	+0.008%	$882	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.49	+0.127%	$30K	$18K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0005%	8h	118.37	+0.022%	$3K	$193K	10x	as long as short
Lighter BABA	+0.0032%	1h	118.17	−0.144%	$376K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.12	−0.186%	$437K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.113%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.27	−0.059%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.36	+0.017%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.28	−0.051%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.28	−0.051%	$238K	$406K	10x	as long as short
tradeXYZ xyz:BABA	+0.0054%	1h	118.05	−0.245%	$11.9M	$4.2M	10x	as long as short
QFEX BABA-USD	+0.0056%	1h	118.10	−0.203%	$1.2M	$4.1M	10x	as long as short
Variational Omni BABA	+0.0058%	8h	118.29	−0.039%	$266K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.18	−0.135%	$616K	$467K	20x	as long as short
Orderly PERP_BABA_USDC_mythoslong	+0.0100%	8h	118.34	long leg	$2K	$798	10x
Extended BABA_24_5-USD	+0.0136%	1h	118.12	−0.188%	$44K	$355K	10x	as long as short
Binance BABAUSDTshort	+0.0137%	8h	118.15	−0.161%	$15.6M	$30.5M	20x
Phoenix BABA	+0.0201%	1h	118.34	0.000%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0443%	8h	118.20	−0.118%	$2.4M	$1.7M	20x	as long as short