Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.141%
Price spread now: Arcus against SunX+0.017%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
Funding, last 4 days (all we have)+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.017%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.032% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 117.60 | 0 | get 0.0000% / 8h | 2h 20m | $803 | $3.3M | 20x |
| Short | Arcus BABA-USD | 117.62 | 0.0040 | get 0.0005% / 1h | 20m 12s | $71K | $110K | 10x |
SunX BABA-USDT
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. 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
- $8.46
- Price spread: +0.017% → −0.015%
- $3.18
- Slippage, 4 orders
- −$139.8
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$140.67
- Costs to cover
- 1.523%
- Break-even
- 123.4 days
Slippage from SunX: live order book, 8 min ago; Arcus: live order book, 19 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 SunX live order book, 8 min ago | 45.92 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 19 min ago | 4.23 bp | 9.4 bp −$9 | 12.4 bp −$124 | 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 | 117.88 | +0.238% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.55 | −0.043% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.61 | +0.009% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.57 | −0.026% | $2.4M | $1.7M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 117.60 | long leg | $803 | $3.3M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.76 | +0.136% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.69 | +0.077% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.58 | −0.017% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.497% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDshort | +0.0040% | 1h | 117.62 | +0.017% | $71K | $110K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.58 | −0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.50 | −0.085% | $11.9M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.52 | −0.068% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.56 | −0.034% | $238K | $400K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.61 | +0.009% | $1.2M | $3.4M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.68 | +0.070% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.57 | −0.026% | $612K | $428K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.59 | −0.009% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0110% | 8h | 117.65 | +0.042% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.57 | −0.025% | $43K | $357K | 10x | as long as short |
| Binance BABAUSDT | +0.0178% | 8h | 117.61 | +0.005% | $15.6M | $31.2M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.64 | +0.034% | $66K | $90K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA