BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.017%

Price spread now: QFEX against SunX−0.026%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1451.454% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.026%, 7d avg −0.017%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$2 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	117.18	0	get 0.0000% / 8h	7h 55m	$885	$2.9M	20x
Short	QFEX BABA-USD	117.15	0.0080	get 0.0010% / 1h	55m 42s	$1.2M	$3.0M	10x

Funding history

latest

Range statsloading…

QFEX against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee SunXbpFee QFEXbpOrdersPrice spread, now −0.026%Rate

Slippage from SunX: live order book, 2 min ago; QFEX: live order book, 2 min ago.

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, 2 min ago	46.08 bp	64.0 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	2.13 bp	8.4 bp −$8	12.0 bp −$120	doesn't fit	doesn't fit

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	117.06	−0.102%	$68K	$41K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.12	−0.051%	$2.1M	$722K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	117.17	−0.009%	$1.5M	$1.9M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.15	−0.026%	$2.3M	$2.0M	20x	as long as short
SunX BABA-USDTlong	0.0000%	8h	117.18	long leg	$885	$2.9M	20x
HTX BABA-USDT	0.0000%	8h	117.24	+0.051%	$30K	$19K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.25	+0.060%	$373K	$71K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	117.16	−0.017%	$436K	$494K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.144%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.10	−0.068%	$70K	$140K	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	117.15	−0.026%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	117.07	−0.094%	$11.8M	$4.5M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.07	−0.094%	$8K	$281K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.03	−0.128%	$231K	$421K	10x	as long as short
QFEX BABA-USDshort	+0.0080%	1h	117.15	−0.026%	$1.2M	$3.0M	10x
KuCoin BABAUSDTM	+0.0100%	8h	117.00	−0.154%	$609K	$398K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.19	+0.009%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0106%	8h	117.19	+0.009%	$338K	$779K	—	as long as short
Extended BABA_24_5-USD	+0.0160%	1h	117.15	−0.023%	$43K	$311K	10x	as long as short
Binance BABAUSDT	+0.0164%	8h	117.16	−0.017%	$15.3M	$31.7M	20x	as long as short
Phoenix BABA	+0.0205%	1h	117.11	−0.060%	$66K	$89K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0636%	8h	117.20	+0.017%	$3K	$184K	10x	as long as short