Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.078%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2912.914% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.078%, 7d avg −0.084%
=The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 115.97 | 0 | get 0.0000% / 8h | 2h 07m | $536 | $4.2M | 20x |
| Short | KuCoin BABAUSDTM | 115.88 | 0.0100 | get 0.0100% / 8h | 2h 07m | $602K | $673K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.078% → −0.084%
- $0.63
- Slippage, 4 orders
- −$271.44
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$269.8
- Costs to cover
- 2.914%
- Break-even
- 96.9 days
Slippage from SunX: live order book, 10 min ago; KuCoin: 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, 10 min ago | 45.69 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 14.24 bp | 69.7 bp −$70 | doesn't fit | 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 | 116.10 | +0.109% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.91 | −0.052% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.97 | 0.000% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 115.97 | 0.000% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.97 | −0.001% | $300K | $620K | — | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 115.97 | long leg | $536 | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 115.99 | +0.017% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0022% | 8h | 115.99 | +0.017% | $3K | $269K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.12 | +0.129% | $384K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.94 | −0.026% | $445K | $595K | 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 | −0.112% | $11K | $26K | 12x | as long as short |
| Extended BABA_24_5-USD | +0.0040% | 1h | 115.94 | −0.022% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0040% | 8h | 115.96 | −0.009% | $15.3M | $21.1M | 20x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.95 | −0.017% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.98 | +0.009% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.91 | −0.052% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.94 | −0.026% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.90 | −0.060% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 115.88 | −0.078% | $602K | $673K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.99 | +0.017% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 115.95 | −0.017% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.94 | −0.026% | $79K | $93K | 10x | as long as short |
SunX BABA-USDT
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
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
Phoenix BABA