Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Aster−0.981%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Injective is 0.981% cheaper against Aster than usual: you would sell low and buy high (spread −0.981% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$98 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 47 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 | Aster BABAUSDT | 116.99 | 0 | get 0.0000% / 8h | 6h 42m | $77K | $27K | 20x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 42m 39s | $11K | $26K | 12x |
Aster BABAUSDT
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: −0.981% → 0.000%
- −$98.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$99.09
- Costs to cover
- 0.080%
- Break-even
- 106.1 days
Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Aster and Injective: 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 | 116.99 | long leg | $77K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.12 | +0.113% | $2.2M | $596K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.02 | +0.028% | $1.4M | $1.5M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.06 | +0.062% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.98 | −0.006% | $881 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.01 | +0.019% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.16 | +0.148% | $386K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.02 | +0.028% | $422K | $495K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −0.981% | $11K | $26K | 12x | |
| QFEX BABA-USD | +0.0035% | 1h | 117.04 | +0.045% | $1.2M | $4.7M | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.92 | −0.058% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.98 | −0.006% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.98 | −0.006% | $12.3M | $3.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.84 | −0.126% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.91 | −0.066% | $236K | $367K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0053% | 8h | 116.92 | −0.057% | $3K | $230K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.99 | +0.002% | $609K | $531K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.01 | +0.019% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0156% | 8h | 116.90 | −0.077% | $302K | $619K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.95 | −0.032% | $65K | $71K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.06 | +0.063% | $47K | $365K | 10x | as long as short |
| Binance BABAUSDT | +0.0210% | 8h | 117.09 | +0.088% | $15.4M | $23.2M | 20x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Extended BABA_24_5-USD
Binance BABAUSDT