BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.013%

Price spread now: Injective against tradeXYZ−0.396%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.396% cheaper against tradeXYZ than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BABA	116.30	0.0050	pay 0.0006% / 1h	52m 41s	$12.1M	$3.0M	10x
Short	Injective BABA/USDC PERP	115.84	0.0033	get 0.0004% / 1h	52m 41s	$11K	$26K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee tradeXYZbpFee InjectivebpOrdersPrice spread, now −0.396%Rate

Funding earned: −$3.5
Price spread: −0.396% → 0.000%: −$39.55
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$61.07
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.

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	12.4 bp −$12	25.0 bp −$250	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	116.38	+0.068%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.44	+0.120%	$2.2M	$583K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.43	+0.112%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.42	+0.103%	$2.5M	$1.3M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.41	+0.095%	$781	$4.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.47	+0.146%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.37	+0.060%	$444K	$479K	10x	as long as short
Injective BABA/USDC PERPshort	+0.0033%	1h	115.84	−0.396%	$11K	$26K	12x
Vest BABA-USD-PERP	+0.0046%	1h	116.30	0.000%	—	$9K	10x	as long as short
tradeXYZ xyz:BABAlong	+0.0050%	1h	116.30	long leg	$12.1M	$3.0M	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.29	−0.009%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.17	−0.112%	$243K	$339K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.41	+0.095%	$1.2M	$5.2M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.40	+0.086%	$603K	$564K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.45	+0.129%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0141%	8h	116.48	+0.158%	$301K	$619K	—	as long as short
Binance BABAUSDT	+0.0214%	8h	116.42	+0.101%	$15.4M	$21.6M	20x	as long as short
Extended BABA_24_5-USD	+0.0216%	1h	116.40	+0.082%	$43K	$389K	10x	as long as short
Lighter BABA	+0.0312%	1h	116.53	+0.198%	$385K	$49K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0333%	8h	116.43	+0.116%	$2K	$245K	10x	as long as short
Phoenix BABA	+0.0343%	1h	116.38	+0.069%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.43	+0.112%	$75K	$101K	10x	as long as short