Funding you earn now, next payment 07:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.017%
Price spread now: Aster against QFEX+0.267%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.267% dearer against QFEX than usual: you sell high and buy low (spread +0.267% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BABA-USD | 116.96 | 0.0063 | pay 0.0008% / 1h | 36m 56s | $1.2M | $3.1M | 10x |
| Short | Aster BABAUSDT | 117.27 | 0 | get 0.0000% / 8h | 1h 36m | $69K | $36K | 20x |
QFEX BABA-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against QFEX. 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
- −$13.26
- Price spread: +0.267% → 0.000%
- $26.68
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$4.57
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.28 bp | 6.3 bp −$6 | 9.7 bp −$97 | 19.2 bp −$1,920 | 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 | 117.27 | +0.267% | $69K | $36K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.96 | 0.000% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.97 | +0.009% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.96 | 0.000% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.97 | +0.009% | $959 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.04 | +0.068% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.05 | +0.077% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.93 | −0.026% | $434K | $510K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0033% | 8h | 116.99 | +0.024% | $3K | $194K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.958% | $11K | $26K | 12x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
GRVT BABA_USDT_Perp
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.98 | +0.017% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.98 | +0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.90 | −0.051% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.89 | −0.060% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.93 | −0.026% | $224K | $418K | 10x | as long as short |
| QFEX BABA-USDlong | +0.0063% | 1h | 116.96 | long leg | $1.2M | $3.1M | 10x | |
| Variational Omni BABA | +0.0065% | 8h | 116.98 | +0.021% | $263K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.91 | −0.043% | $609K | $401K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.95 | −0.009% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.92 | −0.038% | $43K | $326K | 10x | as long as short |
| Binance BABAUSDT | +0.0131% | 8h | 116.94 | −0.017% | $15.3M | $32.3M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.99 | +0.026% | $66K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA