BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.5% APRnext payment −$1.14 per $10,000 · paid last 24h −0.042%

Price spread now: Orderly against Binance+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABAUSDT	116.41	0.0214	pay 0.0214% / 8h	7h 52m	$15.4M	$21.6M	20x
Short	Orderly PERP_BABA_USDC_mythos	116.45	0.0100	get 0.0100% / 8h	7h 52m	$2K	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.033%Rate

Funding earned: −$23.9
Price spread: +0.033% → 0.000%: $3.29
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$36.62
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; Orderly: 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 Binance live order book, 3 min ago	0.43 bp	8.7 bp −$9	21.0 bp −$210	114.2 bp −$11.4K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 BABAUSDT	0.0000%	8h	116.39	−0.021%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.43	+0.016%	$2.2M	$583K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.40	−0.010%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.42	+0.007%	$2.5M	$1.3M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.41	−0.002%	$781	$4.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.47	+0.050%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.37	−0.036%	$444K	$479K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.491%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.30	−0.096%	—	$9K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.30	−0.096%	$12.1M	$3.0M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.29	−0.105%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.17	−0.208%	$243K	$340K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.42	+0.007%	$1.2M	$5.2M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.40	−0.010%	$603K	$565K	20x	as long as short
Orderly PERP_BABA_USDC_mythosshort	+0.0100%	8h	116.45	+0.033%	$2K	$798	10x
Variational Omni BABA	+0.0141%	8h	116.48	+0.062%	$301K	$619K	—	as long as short
Binance BABAUSDTlong	+0.0214%	8h	116.41	long leg	$15.4M	$21.6M	20x
Extended BABA_24_5-USD	+0.0216%	1h	116.39	−0.021%	$47K	$386K	10x	as long as short
Lighter BABA	+0.0312%	1h	116.52	+0.093%	$385K	$49K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0333%	8h	116.43	+0.020%	$2K	$245K	10x	as long as short
Phoenix BABA	+0.0343%	1h	116.38	−0.027%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.45	+0.033%	$75K	$101K	10x	as long as short