Funding you earn now, next payment 05:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against tradeXYZ+0.034%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.034%, 7d avg +0.048%
=Together, before fees−0.072%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 118.20 | 0.0050 | pay 0.0006% / 1h | 18m 01s | $12.0M | $4.2M | 10x |
| Short | QFEX BABA-USD | 118.24 | 0.0056 | get 0.0007% / 1h | 18m 01s | $1.2M | $3.7M | 10x |
tradeXYZ xyz:BABA
QFEX BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $1.19
- Price spread: +0.034% → +0.048%
- −$1.41
- Slippage, 4 orders
- −$9.86
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.07
- Costs to cover
- 0.379%
- Break-even
- 230.4 days
Slippage from tradeXYZ: live order book, 11 min ago; QFEX: live order book, 5 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 | 0.85 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.11 bp | 7.1 bp −$7 | 10.3 bp −$103 | 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 | 118.18 | −0.018% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.25 | +0.042% | $2.1M | $706K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.29 | +0.076% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.27 | +0.059% | $704 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.31 | +0.093% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 118.41 | +0.177% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.37 | +0.144% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.27 | +0.059% | $437K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.997% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.31 | +0.093% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | 118.30 | +0.085% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 118.20 | long leg | $12.0M | $4.2M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | 0.000% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.13 | −0.059% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USDshort | +0.0056% | 1h | 118.24 | +0.034% | $1.2M | $3.7M | 10x | |
| Variational Omni BABA | +0.0057% | 8h | 118.40 | +0.169% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.17 | −0.025% | $616K | $459K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.25 | +0.042% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0132% | 8h | 118.27 | +0.060% | $15.6M | $30.7M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.24 | +0.036% | $43K | $354K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.41 | +0.178% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0279% | 8h | 118.27 | +0.059% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT