Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX−0.143%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.143%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.130% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 119.17 | 0 | get 0.0000% / 8h | 4h 51m | $751 | $3.6M | 20x |
| Short | Bybit BABAUSDT | 119.00 | 0 | get 0.0000% / 8h | 4h 51m | $2.2M | $645K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.143% → −0.013%
- −$13.01
- Slippage, 4 orders
- −$142.85
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.87
- Costs to cover
- 1.619%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago | 46.01 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.18 bp | 17.1 bp −$17 | 101.5 bp −$1,015 | 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 | 119.08 | −0.073% | $74K | $33K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 119.00 | −0.143% | $2.2M | $645K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.93 | −0.201% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.54 | +0.313% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 119.17 | long leg | $751 | $3.6M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.23 | +0.050% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.17 | 0.000% | $379K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.08 | −0.076% | $429K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.794% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.24 | +0.059% | $72K | $109K | 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 | 119.18 | +0.008% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.84 | −0.277% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.07 | −0.084% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.03 | −0.117% | $240K | $404K | 10x | as long as short |
| Variational Omni BABA | +0.0060% | 8h | 119.39 | +0.181% | $269K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 119.12 | −0.042% | $1.2M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.95 | −0.185% | $619K | $500K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.07 | −0.084% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 119.04 | −0.110% | $43K | $365K | 10x | as long as short |
| Binance BABAUSDT | +0.0122% | 8h | 118.93 | −0.201% | $15.6M | $29.7M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.26 | +0.076% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.1013% | 8h | 119.03 | −0.117% | $2.4M | $1.7M | 20x | as long as short |
SunX BABA-USDT
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT