Funding you earn now, next payment 03:00 UTC+0.0896%/8h= +98.1% APRpaid last 24h −0.002%
Price spread now: Bitget against tradeXYZ+0.034%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.034%, 7d avg +0.120%
=Together, before fees−0.162%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.086% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.120%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 119.14 | 0.0050 | pay 0.0006% / 1h | 5m 28s | $12.0M | $4.0M | 10x |
| Short | Bitget BABAUSDT | 119.18 | 0.0946 | get 0.0946% / 8h | 5h 05m | $2.5M | $1.7M | 20x |
tradeXYZ xyz:BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $188.16
- Price spread: +0.034% → +0.120%
- −$8.6
- Slippage, 4 orders
- −$20.48
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $129.08
- Costs to cover
- 0.505%
- Break-even
- 2.2 days
Slippage from tradeXYZ: live order book, 3 min ago; Bitget: live order book, 2 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 tradeXYZ live order book, 3 min ago | 1.68 bp | 10.9 bp −$11 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.93 bp | 14.4 bp −$14 | 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 | 119.20 | +0.053% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.25 | +0.092% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.26 | +0.101% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.46 | +0.269% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.27 | +0.109% | $988 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.51 | +0.311% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.28 | +0.118% | $380K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.19 | +0.042% | $429K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.770% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.25 | +0.092% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.22 | +0.067% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 119.14 | long leg | $12.0M | $4.0M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.11 | −0.025% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.20 | +0.050% | $240K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.14 | 0.000% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0081% | 8h | 119.21 | +0.056% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.15 | +0.008% | $620K | $503K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.23 | +0.076% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0143% | 8h | 119.22 | +0.067% | $15.8M | $29.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 119.20 | +0.047% | $44K | $363K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.30 | +0.134% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0946% | 8h | 119.18 | +0.034% | $2.5M | $1.7M | 20x |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA