Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h +0.009%
Price spread now: GRVT against Orderly+0.024%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. GRVT is 0.024% dearer against Orderly than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 118.30 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $2K | $798 | 10x |
| Short | GRVT BABA_USDT_Perp | 118.33 | 0.0008 | get 0.0008% / 8h | 4h 25m | $3K | $216K | 10x |
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$19.32
- Price spread: +0.024% → 0.000%
- $2.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$31.97
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 32 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 GRVT live order book, 32 min ago | 2.93 bp | 7.6 bp −$8 | 39.9 bp −$399 | 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 | 118.51 | +0.177% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.34 | +0.034% | $2.1M | $699K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.32 | +0.017% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.38 | +0.068% | $1K | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.42 | +0.101% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perpshort | +0.0008% | 8h | 118.33 | +0.024% | $3K | $216K | 10x | |
| Lighter BABA | +0.0032% | 1h | 118.36 | +0.051% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.26 | −0.034% | $430K | $499K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.079% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.28 | −0.017% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
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 | 118.34 | +0.034% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.18 | −0.101% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.30 | 0.000% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.26 | −0.034% | $240K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.36 | +0.051% | $1.2M | $4.2M | 10x | as long as short |
| Variational Omni BABA | +0.0072% | 8h | 118.34 | +0.036% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.21 | −0.076% | $615K | $488K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 118.30 | long leg | $2K | $798 | 10x | |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.27 | −0.026% | $43K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0144% | 8h | 118.30 | 0.000% | $15.7M | $29.8M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.26 | −0.034% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0654% | 8h | 118.32 | +0.017% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT