BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.024%

Price spread now: GRVT against Polymarket Perps+0.088%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.396% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.088%, 7d avg +0.090%

Together, before fees−0.125%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BABA-USD	117.54	0.0050	pay 0.0006% / 1h	16m 49s	$9K	$266K	10x
Short	GRVT BABA_USDT_Perp	117.64	0.0087	get 0.0087% / 8h	2h 16m	$3K	$193K	10x

Funding history

latest

Range statsloading…

GRVT against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee GRVTbpOrdersPrice spread, now +0.088%Rate

Slippage from Polymarket Perps: live order book, 30 min ago; GRVT: live order book, 30 min ago.

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, 30 min ago	3.38 bp	8.2 bp −$8	8.2 bp −$82	doesn't fit	doesn't fit
Sell GRVT live order book, 30 min ago	5.49 bp	12.4 bp −$12	38.5 bp −$385	doesn't fit	doesn't fit

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	117.89	+0.301%	$69K	$36K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.61	+0.060%	$2.1M	$722K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	117.61	+0.060%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.60	+0.051%	$2.4M	$1.7M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	117.61	+0.060%	$627	$3.3M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	117.69	+0.128%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.70	+0.136%	$374K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	117.60	+0.051%	$436K	$514K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.446%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.58	+0.034%	$71K	$110K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	117.60	+0.051%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	117.51	−0.026%	$11.9M	$4.3M	10x	as long as short
Polymarket Perps BABA-USDlong	+0.0050%	1h	117.54	long leg	$9K	$266K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	117.56	+0.017%	$238K	$400K	10x	as long as short
QFEX BABA-USD	+0.0073%	1h	117.62	+0.068%	$1.2M	$3.4M	10x	as long as short
GRVT BABA_USDT_Perpshort	+0.0087%	8h	117.64	+0.088%	$3K	$193K	10x
KuCoin BABAUSDTM	+0.0100%	8h	117.51	−0.026%	$611K	$426K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.59	+0.043%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0110%	8h	117.65	+0.093%	$265K	$658K	—	as long as short
Extended BABA_24_5-USD	+0.0176%	1h	117.58	+0.036%	$44K	$355K	10x	as long as short
Binance BABAUSDT	+0.0177%	8h	117.61	+0.061%	$15.6M	$31.2M	20x	as long as short
Phoenix BABA	+0.0271%	1h	117.59	+0.043%	$66K	$90K	10x	as long as short