Funding spread now, next payment 15:00 UTC−0.0020%/8h
paid, last 24h+0.025%paid, last 3 days+0.179%to open and close $10k−$38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 114.52 | 0.0301 | pay 0.0301% / 8h | 38m 52s | $15.6M | $17.7M | 20x |
| Short | Phoenix BABA | 114.41 | 0.0281 | get 0.0035% / 1h | 38m 52s | $78K | $129K | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$4.25
- Slippage, 4 orders
- −$20.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$41.9
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Phoenix: live order book, 7 min ago.
Price risk
price view- Price gap now
- −0.093%
- Avg gap 7d
- −0.023%
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 Binance live order book, 3 min ago | 0.87 bp | 9.4 bp −$9 | 20.7 bp −$207 | 63.4 bp −$6,345 | doesn't fit |
| Sell Phoenix live order book, 7 min ago | 1.75 bp | 9.3 bp −$9 | 18.5 bp −$185 | doesn't fit | doesn't fit |
BABA on 21 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | $80K | $14K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | $2.2M | $545K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | $1.4M | $1.3M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | $797 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | $379K | $37K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | $473K | $381K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | $12.3M | $2.2M | 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 | $8K | $243K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | $303K | $253K | 10x | as long as short |
| QFEX BABA-USD | +0.0069% | 1h | $1.2M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | $595K | $953K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Bitget BABAUSDT | +0.0218% | 8h | $2.7M | $1.1M | 20x | as long as short |
| Variational Omni BABA | +0.0280% | 8h | $360K | $525K | — | as long as short |
| Phoenix BABAshort | +0.0281% | 1h | $78K | $129K | 10x | |
| Binance BABAUSDTlong | +0.0301% | 8h | $15.6M | $17.7M | 20x | |
| Extended BABA_24_5-USD | +0.0304% | 1h | $28K | $346K | 10x | as long as short |
| Arcus BABA-USD | +0.0570% | 1h | $68K | $60K | 10x | as long as short |
Binance BABAUSDT
Phoenix BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Bitget BABAUSDT
Variational Omni BABA
Extended BABA_24_5-USD