Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Gate against tradeXYZ+0.077%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.077%, 7d avg +0.118%
=Together, before fees−0.080%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.040% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 116.52 | 0.0050 | pay 0.0006% / 1h | 51m 54s | $11.7M | $4.4M | 10x |
| Short | Gate BABA_USDT | 116.61 | 0 | get 0.0000% / 8h | 51m 54s | $1.5M | $2.0M | 50x |
tradeXYZ xyz:BABA
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: +0.077% → +0.118%
- −$4.04
- Slippage, 4 orders
- −$28.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.49
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Gate: live order book, 1 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, 6 min ago | 0.86 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.57 bp | 24.4 bp −$24 | 181.3 bp −$1,813 | 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 | 116.69 | +0.147% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.64 | +0.103% | $2.1M | $719K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.61 | +0.077% | $1.5M | $2.0M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.74 | +0.189% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.55 | +0.026% | $864 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.82 | +0.257% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0006% | 8h | 116.79 | +0.229% | $3K | $193K | 10x | as long as short |
| Variational Omni BABA | +0.0026% | 8h | 116.81 | +0.252% | $364K | $747K | — | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.62 | +0.086% | $371K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.58 | +0.051% | $433K | $503K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Variational Omni BABA
Lighter BABA
Lighter RH BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.584% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.67 | +0.129% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.63 | +0.094% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.56 | +0.034% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 116.52 | long leg | $11.7M | $4.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.57 | +0.043% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.67 | +0.129% | $229K | $427K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.56 | +0.034% | $607K | $381K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.61 | +0.077% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0100% | 8h | 116.59 | +0.058% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.59 | +0.058% | $44K | $293K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.77 | +0.215% | $65K | $89K | 10x | as long as short |
Injective BABA/USDC PERP
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA