Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.005%
Price spread now: Bitget against Polymarket Perps+0.120%50s7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.120%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. 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 | 117.04 | 0.0050 | pay 0.0006% / 1h | 1m 44s | $8K | $286K | 10x |
| Short | Bitget BABAUSDT | 117.18 | 0 | get 0.0000% / 8h | 1m 44s | $2.3M | $1.9M | 20x |
Polymarket Perps BABA-USD
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.120% → +0.104%
- $1.6
- Slippage, 4 orders
- −$20.39
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$49.29
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 35 min ago; Bitget: live order book, 5 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, 35 min ago | 3.43 bp | 7.4 bp −$7 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.13 bp | 13.6 bp −$14 | doesn't fit | 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 | 116.97 | −0.056% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.13 | +0.077% | $2.1M | $716K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.128% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 117.18 | +0.120% | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.18 | +0.120% | $710 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.19 | +0.128% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.10 | +0.051% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.04 | 0.000% | $435K | $504K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.025% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.05 | +0.009% | $70K | $140K | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0044% | 1h | 117.15 | +0.094% | $1.2M | $2.9M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.04 | 0.000% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 117.04 | long leg | $8K | $286K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.00 | −0.034% | $231K | $423K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0054% | 8h | 117.19 | +0.128% | $3K | $188K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0085% | 1h | 117.06 | +0.017% | $11.8M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0086% | 8h | 117.17 | +0.110% | $338K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.97 | −0.060% | $608K | $393K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.11 | +0.060% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0152% | 8h | 117.18 | +0.120% | $15.3M | $31.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 117.15 | +0.096% | $43K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | +0.017% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Vest BABA-USD-PERP
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA