BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.141%

Price spread now: SunX against Arcus+0.034%7-day average +0.015% · 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−$150as in the Price arb table

costs, in and out, $10k−$1521.519% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.237%−$24 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.034%, 7d avg +0.015%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, 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	116.79	0.0040	pay 0.0005% / 1h	55m 41s	$71K	$110K	10x
Short	SunX BABA-USDT	116.83	0	get 0.0000% / 8h	55m 41s	$827	$3.2M	20x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ArcusbpFee SunXbpOrdersPrice spread, now +0.034%Rate

Slippage from Arcus: live order book, 38 min ago; SunX: live order book, 2 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, 38 min ago	5.56 bp	13.3 bp −$13	16.2 bp −$162	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	45.38 bp	64.5 bp −$64	doesn't fit	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	116.78	−0.006%	$68K	$36K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.73	−0.051%	$2.1M	$731K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.77	−0.017%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.81	+0.017%	$2.3M	$1.8M	20x	as long as short
SunX BABA-USDTshort	0.0000%	8h	116.83	+0.034%	$827	$3.2M	20x
HTX BABA-USDT	0.0000%	8h	116.96	+0.146%	$30K	$19K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0007%	8h	116.83	+0.033%	$3K	$193K	10x	as long as short
Variational Omni BABA	+0.0026%	8h	116.81	+0.020%	$364K	$747K	—	as long as short
Lighter BABA	+0.0032%	1h	116.83	+0.034%	$372K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.73	−0.051%	$433K	$501K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.813%	$11K	$26K	12x	as long as short
Arcus BABA-USDlong	+0.0040%	1h	116.79	long leg	$71K	$110K	10x
QFEX BABA-USD	+0.0044%	1h	116.74	−0.043%	$1.3M	$3.0M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.79	0.000%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.67	−0.103%	$11.7M	$4.5M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.76	−0.026%	$8K	$285K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.73	−0.051%	$229K	$427K	10x	as long as short
Binance BABAUSDT	+0.0099%	8h	116.76	−0.027%	$15.1M	$32.4M	20x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.72	−0.060%	$607K	$381K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.81	+0.017%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0104%	1h	116.73	−0.055%	$44K	$293K	10x	as long as short
Phoenix BABA	+0.0204%	1h	116.93	+0.120%	$65K	$89K	10x	as long as short