Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%
Price spread now: tradeXYZ against SunX−0.050%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1501.503% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.050%, 7d avg −0.093%
=Together, before fees+0.054%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.043% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 119.38 | 0 | get 0.0000% / 8h | 5h 27m | $843 | $2.5M | 20x |
| Short | tradeXYZ xyz:BABA | 119.32 | 0.0050 | get 0.0006% / 1h | 27m 40s | $12.0M | $4.8M | 10x |
SunX BABA-USDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.050% → −0.093%
- $4.32
- Slippage, 4 orders
- −$124.35
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$135.53
- Costs to cover
- 1.503%
- Break-even
- 97.4 days
Slippage from SunX: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 45.57 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.25 bp | 11.1 bp −$11 | 17.5 bp −$175 | doesn't fit | doesn't fit |
BABA on 22 exchanges
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 | 119.42 | +0.034% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.39 | +0.008% | $2.1M | $712K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.42 | +0.034% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.40 | +0.017% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 119.38 | long leg | $843 | $2.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.44 | +0.050% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.41 | +0.025% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.44 | +0.050% | $382K | $74K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.32 | −0.050% | $434K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.965% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.40 | +0.017% | $71K | $104K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.55 | +0.142% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 119.32 | −0.050% | $12.0M | $4.8M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.32 | −0.050% | $8K | $166K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.39 | +0.008% | $212K | $446K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0067% | 8h | 119.54 | +0.132% | $3K | $184K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.31 | −0.059% | $622K | $540K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.40 | +0.017% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0168% | 8h | 119.61 | +0.190% | $364K | $653K | — | as long as short |
| Binance BABAUSDT | +0.0202% | 8h | 119.38 | −0.004% | $15.1M | $34.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 119.34 | −0.035% | $25K | $334K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.66 | +0.235% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA