Funding you earn now, next payment 22:00 UTC−0.0643%/8h= −70.4% APRpaid last 24h −0.116%
Price spread now: Aster against Arcus+0.108%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.108% dearer against Arcus than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 115.98 | 0.0643 | pay 0.0080% / 1h | 59m 46s | $79K | $93K | 10x |
| Short | Aster BABAUSDT | 116.11 | 0 | get 0.0000% / 8h | 1h 59m | $73K | $25K | 20x |
Arcus BABA-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. 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
- −$135.06
- Price spread: +0.108% → 0.000%
- $10.82
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$136.74
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Aster: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Arcus and Aster: 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 BABAUSDTshort | 0.0000% | 8h | 116.11 | +0.108% | $73K | $25K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 115.97 | −0.009% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.98 | 0.000% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 115.98 | 0.000% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.99 | +0.009% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.99 | +0.009% | $803 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.02 | +0.034% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0009% | 8h | 115.99 | +0.008% | $3K | $269K | 10x | as long as short |
| Binance BABAUSDT | +0.0031% | 8h | 115.99 | +0.009% | $15.4M | $21.1M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.16 | +0.155% | $384K | $49K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Binance BABAUSDT
Lighter BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BABA | +0.0032% | 1h | 115.95 | −0.026% | $445K | $590K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0032% | 1h | 115.98 | −0.003% | $42K | $383K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.121% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.86 | −0.103% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.90 | −0.069% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.93 | −0.043% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.90 | −0.069% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.80 | −0.155% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.89 | −0.078% | $601K | $665K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.00 | +0.017% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 115.93 | −0.043% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USDlong | +0.0643% | 1h | 115.98 | long leg | $79K | $93K | 10x |
Lighter RH BABA
Extended BABA_24_5-USD
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA