Funding spread now, next payment 18:00 UTC−0.0464%/8h
paid, last 24h−0.055%paid, last 3 days+0.035%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.035% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 115.86 | 0.0564 | pay 0.0070% / 1h | 25m 43s | $79K | $92K | 10x |
| Short | KuCoin BABAUSDTM | 115.75 | 0.0100 | get 0.0100% / 8h | 6h 25m | $600K | $838K | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$97.44
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$113.94
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; KuCoin: live order book, 45 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.095%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 KuCoin live order book, 45 min ago | 17.68 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 21 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | $2.2M | $564K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | $1.4M | $1.5M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | $870 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | $456K | $438K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
| Variational Omni BABA | +0.0038% | 8h | $337K | $558K | — | as long as short |
| QFEX BABA-USD | +0.0045% | 1h | $1.2M | $4.8M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | — | $9K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | $7K | $251K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | $273K | $288K | 10x | as long as short |
| Bitget BABAUSDT | +0.0072% | 8h | $2.5M | $1.3M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0082% | 1h | $12.1M | $2.8M | 10x | as long as short |
| Binance BABAUSDT | +0.0100% | 8h | $15.5M | $19.3M | 20x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | $600K | $838K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | $18K | $359K | 10x | as long as short |
| Lighter BABA | +0.0136% | 1h | $383K | $40K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | $79K | $129K | 10x | as long as short |
| Arcus BABA-USDlong | +0.0564% | 1h | $79K | $92K | 10x |
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Variational Omni BABA
Polymarket Perps BABA-USD
Bitget BABAUSDT
tradeXYZ xyz:BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Lighter BABA
Phoenix BABA