Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Aster against Polymarket Perps−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.085% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 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 | Polymarket Perps BABA-USD | 117.70 | 0.0050 | pay 0.0006% / 1h | 29m 20s | $10K | $264K | 10x |
| Short | Aster BABAUSDT | 117.60 | 0 | get 0.0000% / 8h | 6h 29m | $77K | $27K | 20x |
Polymarket Perps BABA-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$10.5
- Price spread: −0.085% → 0.000%
- −$8.47
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$34.97
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 38 min ago; Aster: 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 Polymarket Perps live order book, 38 min ago | 2.57 bp | 7.3 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 117.60 | −0.085% | $77K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.80 | +0.085% | $2.2M | $545K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.92 | +0.187% | $1.4M | $1.5M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.85 | +0.127% | $641 | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.29 | −0.348% | $37K | $2K | 20x | as long as short |
| Bitget BABAUSDT | +0.0002% | 8h | 117.57 | −0.110% | $2.6M | $1.3M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.82 | +0.102% | $388K | $45K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.71 | +0.008% | $426K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.580% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.47 | −0.195% | $1.2M | $4.6M | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Bitget BABAUSDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.14 | −0.476% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.48 | −0.187% | — | $18K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0047% | 8h | 117.24 | −0.391% | $3K | $229K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.80 | +0.085% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 117.70 | long leg | $10K | $264K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.19 | −0.433% | $241K | $369K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.56 | −0.119% | $612K | $532K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.84 | +0.119% | $1K | $532 | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.24 | −0.394% | $272K | $650K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.18 | −0.442% | $66K | $71K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.83 | +0.109% | $43K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0208% | 8h | 117.84 | +0.116% | $15.6M | $23.5M | 20x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Extended BABA_24_5-USD
Binance BABAUSDT