Funding you earn now, next payment 09:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.046%
Price spread now: Extended against Polymarket Perps+0.075%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.075%, 7d avg +0.044%
=Together, before fees+0.029%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BABA-USD | 117.07 | 0.0050 | pay 0.0006% / 1h | 55m 44s | $8K | $281K | 10x |
| Short | Extended BABA_24_5-USD | 117.16 | 0.0160 | get 0.0020% / 1h | 55m 44s | $43K | $311K | 10x |
Polymarket Perps BABA-USD
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $23.1
- Price spread: +0.075% → +0.044%
- $3.1
- Slippage, 4 orders
- −$28.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.02
- Costs to cover
- 0.412%
- Break-even
- 11.6 days
Slippage from Polymarket Perps: live order book, 41 min ago; Extended: live order book, 42 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, 41 min ago | 3.43 bp | 7.4 bp −$7 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 3.00 bp | 13.0 bp −$13 | 70.9 bp −$709 | 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 | 117.06 | −0.005% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.15 | +0.068% | $2.1M | $722K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.18 | +0.094% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.16 | +0.077% | $2.3M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.18 | +0.094% | $885 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.24 | +0.145% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.25 | +0.154% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.17 | +0.085% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.051% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.10 | +0.026% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | 117.15 | +0.068% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.06 | −0.009% | $11.8M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 117.07 | long leg | $8K | $281K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.03 | −0.034% | $231K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.15 | +0.068% | $1.2M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.00 | −0.060% | $609K | $398K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.19 | +0.103% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0106% | 8h | 117.19 | +0.103% | $338K | $779K | — | as long as short |
| Extended BABA_24_5-USDshort | +0.0160% | 1h | 117.16 | +0.075% | $43K | $311K | 10x | |
| Binance BABAUSDT | +0.0164% | 8h | 117.19 | +0.100% | $15.3M | $31.8M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.11 | +0.034% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0636% | 8h | 117.20 | +0.111% | $3K | $184K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp