Funding you earn now, next payment 08:00 UTC+0.0178%/8h= +19.5% APRnext payment +$1.78 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against SunX−0.044%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1481.485% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.044%, 7d avg +0.008%
=Funding pays, the price is against you. Binance is 0.052% cheaper against SunX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.008%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 117.66 | 0 | get 0.0000% / 8h | 2h 20m | $804 | $3.3M | 20x |
| Short | Binance BABAUSDT | 117.61 | 0.0178 | get 0.0178% / 8h | 2h 20m | $15.6M | $31.2M | 20x |
SunX BABA-USDT
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $37.47
- Price spread: −0.044% → +0.008%
- −$5.17
- Slippage, 4 orders
- −$130.45
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.16
- Costs to cover
- 1.485%
- Break-even
- 28.7 days
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 6 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, 7 min ago | 45.92 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.43 bp | 10.1 bp −$10 | 28.7 bp −$287 | 93.5 bp −$9,347 | 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 | +0.184% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.63 | −0.025% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.65 | −0.008% | $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-USDTlong | 0.0000% | 8h | 117.66 | long leg | $804 | $3.3M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.76 | +0.085% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.69 | +0.025% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.57 | −0.076% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.547% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.65 | −0.008% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | 117.65 | −0.008% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.49 | −0.144% | $11.9M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.59 | −0.059% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.56 | −0.085% | $238K | $400K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.69 | +0.025% | $1.2M | $3.4M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.68 | +0.019% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.55 | −0.093% | $611K | $429K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.65 | −0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0110% | 8h | 117.65 | −0.009% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.60 | −0.047% | $43K | $357K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0178% | 8h | 117.61 | −0.044% | $15.6M | $31.2M | 20x | |
| Phoenix BABA | +0.0271% | 1h | 117.64 | −0.017% | $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
Phoenix BABA