Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.026%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1581.581% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.026%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.038% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 116.13 | 0 | get 0.0000% / 8h | 56m 47s | $850 | $4.2M | 20x |
| Short | Gate BABA_USDT | 116.16 | 0 | get 0.0000% / 8h | 56m 47s | $1.4M | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.026% → −0.012%
- $3.78
- Slippage, 4 orders
- −$135.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$154.31
- Costs to cover
- 1.581%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Gate: live order book, 1 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, 11 min ago | 22.00 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.01 bp | 12.7 bp −$13 | 72.0 bp −$720 | 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 | 116.04 | −0.076% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.15 | +0.017% | $2.2M | $602K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.16 | +0.026% | $1.4M | $1.6M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.19 | +0.052% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.17 | +0.034% | $300K | $620K | — | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 116.13 | long leg | $850 | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.16 | +0.026% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0001% | 8h | 116.16 | +0.027% | $3K | $254K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.30 | +0.146% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.18 | +0.043% | $446K | $580K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.250% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | +0.009% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.12 | −0.009% | $1.2M | $5.1M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0048% | 1h | 116.13 | +0.003% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0048% | 8h | 116.18 | +0.043% | $15.4M | $21.1M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.12 | −0.009% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.04 | −0.077% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.03 | −0.086% | $250K | $348K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.09 | −0.034% | $602K | $614K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.14 | +0.009% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.20 | +0.060% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.13 | 0.000% | $78K | $94K | 10x | as long as short |
SunX BABA-USDT
Gate BABA_USDT
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Phoenix BABA