Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.043%
Price spread now: Extended against tradeXYZ+0.059%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.059%, 7d avg +0.064%
Together, before fees−0.050%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BABA116.820.0050pay 0.0006% / 1h17m 38s$11.7M$4.4M10x
ShortExtended BABA_24_5-USD116.890.0120get 0.0015% / 1h17m 38s$44K$308K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$14.7
Price spread: +0.059% → +0.064%
−$0.52
Slippage, 4 orders
−$28.78
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$37.6
Costs to cover
0.518%
Break-even
24.9 days
Slippage from tradeXYZ: live order book, 11 min ago; Extended: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 11 min ago1.29 bp12.9 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 25 min ago3.42 bp12.9 bp −$1396.6 bp −$966doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h117.01+0.166%$68K$36K20xas long as short
Bybit BABAUSDT0.0000%8h116.91+0.077%$2.1M$734K25xas long as short
Gate BABA_USDT0.0000%8h116.93+0.094%$1.5M$2.1M50xas long as short
Bitget BABAUSDT0.0000%8h116.91+0.077%$2.3M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h116.92+0.086%$880$3.3M20xas long as short
HTX BABA-USDT0.0000%8h117.10+0.240%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0022%8h116.89+0.059%$2K$194K10xas long as short
Lighter BABA+0.0032%1h116.96+0.120%$372K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.86+0.034%$434K$512K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.839%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.88+0.051%$71K$110K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.91+0.077%$19K10xas long as short
Variational Omni BABA+0.0048%8h116.93+0.098%$364K$753Kas long as short
tradeXYZ xyz:BABAlong+0.0050%1h116.82long leg$11.7M$4.4M10x
Polymarket Perps BABA-USD+0.0050%1h116.83+0.009%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.74−0.068%$227K$422K10xas long as short
QFEX BABA-USD+0.0063%1h116.90+0.068%$1.2M$3.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.88+0.051%$609K$386K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.88+0.051%$2K$79810xas long as short
Binance BABAUSDT+0.0113%8h116.90+0.072%$15.1M$32.5M20xas long as short
Extended BABA_24_5-USDshort+0.0120%1h116.89+0.059%$44K$308K10x
Phoenix BABA+0.0204%1h116.84+0.017%$65K$89K10xas long as short