Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Bitget−0.034%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.034%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 118.24 | 0 | get 0.0000% / 8h | 6h 57m | $2.4M | $2.0M | 20x |
| Short | Bybit BABAUSDT | 118.20 | 0 | get 0.0000% / 8h | 6h 57m | $2.1M | $698K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $0
- Price spread: −0.034% → −0.007%
- −$2.71
- Slippage, 4 orders
- −$38.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.3
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 min ago.
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 Bitget live order book, 4 min ago | 3.80 bp | 14.4 bp −$14 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.23 bp | 13.3 bp −$13 | 86.3 bp −$863 | doesn't fit | doesn't fit |
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 | 118.20 | −0.034% | $69K | $39K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 118.20 | −0.034% | $2.1M | $698K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.28 | +0.034% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 118.24 | long leg | $2.4M | $2.0M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.19 | −0.042% | $494 | $2.7M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.28 | +0.034% | $377K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.17 | −0.059% | $440K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.030% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.25 | +0.008% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.13 | −0.093% | $8K | $280K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.16 | −0.068% | $232K | $404K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0071% | 1h | 118.15 | −0.076% | $12.0M | $4.7M | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 118.15 | −0.076% | $1.2M | $2.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.04 | −0.169% | $617K | $447K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.23 | −0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0210% | 8h | 118.21 | −0.023% | $340K | $664K | — | as long as short |
| Extended BABA_24_5-USD | +0.0272% | 1h | 118.21 | −0.026% | $45K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 118.17 | −0.059% | $66K | $88K | 10x | as long as short |
| Binance BABAUSDT | +0.0276% | 8h | 118.20 | −0.037% | $15.4M | $31.3M | 20x | as long as short |
| HTX BABA-USDT | +0.0296% | 8h | 118.25 | +0.008% | $30K | $19K | 20x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 118.09 | −0.127% | $71K | $136K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0615% | 8h | 118.24 | +0.001% | $3K | $180K | 10x | as long as short |
Bitget BABAUSDT
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Phoenix BABA
Binance BABAUSDT
HTX BABA-USDT
GRVT BABA_USDT_Perp