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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 116.82 | 0.0050 | pay 0.0006% / 1h | 17m 38s | $11.7M | $4.4M | 10x |
| Short | Extended BABA_24_5-USD | 116.89 | 0.0120 | get 0.0015% / 1h | 17m 38s | $44K | $308K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 11 min ago | 1.29 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 3.42 bp | 12.9 bp −$13 | 96.6 bp −$966 | 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 | 117.01 | +0.166% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.91 | +0.077% | $2.1M | $734K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.93 | +0.094% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.91 | +0.077% | $2.3M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.92 | +0.086% | $880 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.10 | +0.240% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0022% | 8h | 116.89 | +0.059% | $2K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.96 | +0.120% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.86 | +0.034% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.839% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.88 | +0.051% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.91 | +0.077% | — | $19K | 10x | as long as short |
| Variational Omni BABA | +0.0048% | 8h | 116.93 | +0.098% | $364K | $753K | — | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 116.82 | long leg | $11.7M | $4.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.83 | +0.009% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.74 | −0.068% | $227K | $422K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.90 | +0.068% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.88 | +0.051% | $609K | $386K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.88 | +0.051% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0113% | 8h | 116.90 | +0.072% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0120% | 1h | 116.89 | +0.059% | $44K | $308K | 10x | |
| Phoenix BABA | +0.0204% | 1h | 116.84 | +0.017% | $65K | $89K | 10x | as long as short |
tradeXYZ xyz:BABA
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Variational Omni BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Binance BABAUSDT
Phoenix BABA