Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Orderly−2.516%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.516% cheaper against Orderly than usual: you would sell low and buy high (−$252 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 | 118.83 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $2K | $798 | 10x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 47m 00s | $11K | $26K | 12x |
Orderly PERP_BABA_USDC_mythos
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −2.516% → 0.000%
- −$251.62
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$271.64
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Orderly and Injective: 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 | 119.04 | +0.175% | $72K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.86 | +0.025% | $2.2M | $646K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.82 | −0.008% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.00 | +0.140% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.84 | +0.008% | $985 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.07 | +0.202% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.85 | +0.017% | $378K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.75 | −0.067% | $428K | $495K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −2.516% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 118.95 | +0.101% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
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 | 118.85 | +0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.66 | −0.143% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.78 | −0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.85 | +0.017% | $241K | $405K | 10x | as long as short |
| Variational Omni BABA | +0.0054% | 8h | 119.08 | +0.210% | $268K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.84 | +0.008% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.75 | −0.067% | $618K | $498K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 118.83 | long leg | $2K | $798 | 10x | |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.82 | −0.011% | $43K | $360K | 10x | as long as short |
| Binance BABAUSDT | +0.0128% | 8h | 118.80 | −0.025% | $15.6M | $29.8M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.02 | +0.160% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0983% | 8h | 118.78 | −0.042% | $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
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT