Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.065%
Price spread now: Extended against SunX−0.025%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1551.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.025%, 7d avg −0.030%
Together, before fees+0.117%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT116.750get 0.0000% / 8h7h 11m$998$4.1M20x
ShortExtended BABA_24_5-USD116.720.0192get 0.0024% / 1h11m 04s$46K$365K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$40.32
Price spread: −0.025% → −0.030%
$0.5
Slippage, 4 orders
−$141.5
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$113.68
Costs to cover
1.545%
Break-even
26.7 days
Slippage from SunX: live order book, 7 min ago; Extended: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago45.85 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 61 min ago3.01 bp12.6 bp −$13142.6 bp −$1,426doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.68−0.061%$76K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.71−0.034%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h116.750.000%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.74−0.009%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perp0.0000%8h116.74−0.006%$3K$233K10xas long as short
SunX BABA-USDTlong0.0000%8h116.75long leg$998$4.1M20x
HTX BABA-USDT0.0000%8h116.89+0.120%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.85+0.086%$386K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.73−0.017%$424K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.779%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.750.000%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.71−0.034%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.64−0.094%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.64−0.094%$234K$353K10xas long as short
QFEX BABA-USD+0.0072%1h116.71−0.034%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.59−0.137%$605K$542K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.74−0.009%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.74−0.012%$302K$619Kas long as short
Extended BABA_24_5-USDshort+0.0192%1h116.72−0.025%$46K$365K10x
Binance BABAUSDT+0.0195%8h116.75+0.002%$15.4M$22.2M20xas long as short
Phoenix BABA+0.0343%1h116.74−0.009%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.69−0.051%$75K$100K10xas long as short