Funding you earn now, next payment 00:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.110%
Price spread now: Arcus against Polymarket Perps+0.129%50s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 3 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Arcus is 0.129% dearer against Polymarket Perps than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BABA-USD | 116.34 | 0.0050 | pay 0.0006% / 1h | 1m 36s | $10K | $265K | 10x |
| Short | Arcus BABA-USD | 116.49 | 0.0394 | get 0.0049% / 1h | 1m 36s | $75K | $101K | 10x |
Polymarket Perps BABA-USD
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket Perps. 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
- $72.25
- Price spread: +0.129% → 0.000%
- $12.89
- Slippage, 4 orders
- −$17.37
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $55.27
- Costs to cover
- 0.299%
- Break-even
- 1.6 days
Slippage from Polymarket Perps: live order book, 10 min ago; Arcus: live order book, 2 min ago.
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 Polymarket Perps live order book, 10 min ago | 3.44 bp | 7.4 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 2 min ago | 0.43 bp | 10.7 bp −$11 | 18.6 bp −$186 | doesn't fit | doesn't fit |
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 | 116.33 | −0.009% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.37 | +0.026% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.46 | +0.103% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.46 | +0.103% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.47 | +0.112% | $740 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.49 | +0.129% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.43 | +0.077% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.430% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.32 | −0.017% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.43 | +0.077% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 116.34 | long leg | $10K | $265K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.14 | −0.172% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.57 | +0.198% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.34 | 0.000% | $603K | $568K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.44 | +0.086% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0101% | 1h | 116.38 | +0.034% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0134% | 8h | 116.48 | +0.124% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0135% | 8h | 116.48 | +0.121% | $2K | $245K | 10x | as long as short |
| Binance BABAUSDT | +0.0204% | 8h | 116.43 | +0.075% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.41 | +0.059% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | +0.120% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USDshort | +0.0394% | 1h | 116.49 | +0.129% | $75K | $101K | 10x |
Ondo Perps BABA-USD.P
Lighter BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA