Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Aster+0.131%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.131% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BABAUSDT | 117.04 | 0 | get 0.0000% / 8h | 17m 57s | $68K | $37K | 20x |
| Short | Binance BABAUSDT | 117.19 | 0.0117 | get 0.0117% / 8h | 17m 57s | $15.3M | $32.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $24.54
- Price spread: +0.131% → 0.000%
- $13.08
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $19.61
- Costs to cover
- 0.180%
- Break-even
- 1.4 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 9 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.43 bp | 9.1 bp −$9 | 23.9 bp −$239 | 81.4 bp −$8,141 | doesn't fit |
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 BABAUSDTlong | 0.0000% | 8h | 117.04 | long leg | $68K | $37K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.10 | +0.054% | $2.1M | $722K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.131% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.11 | +0.062% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.13 | +0.080% | $1K | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.26 | +0.191% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0025% | 8h | 117.17 | +0.117% | $3K | $188K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.20 | +0.139% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.14 | +0.088% | $436K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.023% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.05 | +0.011% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 117.11 | +0.062% | $1.2M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.04 | +0.003% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.06 | +0.020% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.03 | −0.006% | $231K | $428K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 117.19 | +0.135% | $338K | $779K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0061% | 1h | 117.06 | +0.020% | $11.8M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.04 | +0.003% | $609K | $385K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.17 | +0.114% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDTshort | +0.0117% | 8h | 117.19 | +0.131% | $15.3M | $32.4M | 20x | |
| Extended BABA_24_5-USD | +0.0120% | 1h | 117.16 | +0.105% | $47K | $309K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.15 | +0.097% | $66K | $89K | 10x | as long as short |
Aster BABAUSDT
Binance BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Phoenix BABA