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: Bybit against Orderly−0.008%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | Orderly PERP_BABA_USDC_mythos | 118.33 | 0.0100 | pay 0.0100% / 8h | 3h 58m | $2K | $798 | 10x |
| Short | Bybit BABAUSDT | 118.32 | 0 | get 0.0000% / 8h | 3h 58m | $2.1M | $698K | 25x |
Orderly PERP_BABA_USDC_mythos
Bybit BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.008% → 0.000%
- −$0.85
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.85
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 2.96 bp | 15.3 bp −$15 | 98.2 bp −$982 | doesn't fit | 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 | 118.24 | −0.074% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 118.32 | −0.008% | $2.1M | $698K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.33 | 0.000% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.37 | +0.030% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.34 | +0.008% | $869 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.135% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.39 | +0.051% | $377K | $73K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.104% | $11K | $26K | 12x | as long as short |
| Lighter RH BABA | +0.0040% | 1h | 118.32 | −0.008% | $438K | $507K | 10x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.29 | −0.034% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
Lighter RH BABA
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.35 | +0.017% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.28 | −0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.28 | −0.042% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.35 | +0.017% | $1.2M | $4.1M | 10x | as long as short |
| Variational Omni BABA | +0.0058% | 8h | 118.29 | −0.030% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.19 | −0.118% | $616K | $468K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 118.33 | long leg | $2K | $798 | 10x | |
| tradeXYZ xyz:BABA | +0.0108% | 1h | 118.22 | −0.093% | $11.9M | $4.2M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.31 | −0.019% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0137% | 8h | 118.33 | 0.000% | $15.6M | $30.4M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.32 | −0.008% | $66K | $89K | 10x | as long as short |
| Bitget BABAUSDT | +0.0455% | 8h | 118.32 | −0.008% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT