BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.132%

Price spread now: Bybit against Arcus+0.025%7-day average +0.008% · 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−$50as in the Price arb table

costs, in and out, $10k−$510.513% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.239%−$24 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.025%, 7d avg +0.008%

Together, before fees−0.251%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus BABA-USD	119.67	0.0040	pay 0.0005% / 1h	51m 06s	$72K	$134K	10x
Short	Bybit BABAUSDT	119.70	0	get 0.0000% / 8h	5h 51m	$2.2M	$711K	25x

Funding history

latest

Range statsloading…

Bybit against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee ArcusbpFee BybitbpOrdersPrice spread, now +0.025%Rate

Slippage from Arcus: live order book, 60 min ago; Bybit: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 60 min ago	4.63 bp	10.5 bp −$10	11.0 bp −$110	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.75 bp	18.6 bp −$19	100.8 bp −$1,008	doesn't fit	doesn't fit

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	119.62	−0.042%	$70K	$40K	20x	as long as short
Bybit BABAUSDTshort	0.0000%	8h	119.70	+0.025%	$2.2M	$711K	25x
Gate BABA_USDT	0.0000%	8h	119.67	0.000%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	119.64	−0.025%	$2.3M	$2.2M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	119.65	−0.017%	$696	$2.5M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	119.77	+0.084%	$30K	$19K	20x	as long as short
QFEX BABA-USD	+0.0029%	1h	119.64	−0.025%	$1.2M	$2.9M	10x	as long as short
Lighter BABA	+0.0032%	1h	119.77	+0.084%	$383K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	119.64	−0.025%	$436K	$509K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−3.200%	$11K	$26K	12x	as long as short

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BABA-USDlong	+0.0040%	1h	119.67	long leg	$72K	$134K	10x
Vest BABA-USD-PERP	+0.0046%	1h	119.81	+0.117%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	119.56	−0.092%	$8K	$177K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	119.67	0.000%	$213K	$446K	10x	as long as short
tradeXYZ xyz:BABA	+0.0075%	1h	119.61	−0.050%	$12.0M	$4.8M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	119.61	−0.050%	$623K	$518K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	119.66	−0.008%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0223%	8h	119.93	+0.221%	$375K	$672K	—	as long as short
GRVT BABA_USDT_Perp	+0.0249%	8h	119.78	+0.092%	$3K	$180K	10x	as long as short
Extended BABA_24_5-USD	+0.0264%	1h	119.61	−0.050%	$47K	$312K	10x	as long as short
Binance BABAUSDT	+0.0266%	8h	119.65	−0.014%	$15.1M	$33.8M	20x	as long as short
Phoenix BABA	+0.0267%	1h	119.76	+0.075%	$67K	$109K	10x	as long as short