Funding you earn now, next payment 03:00 UTC−0.0797%/8h= −87.3% APRpaid last 24h +0.049%
Price spread now: Extended against Bitget+0.022%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.022%, 7d avg −0.061%
=Together, before fees−0.114%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.083% dearer against Bitget than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.061%): +$8 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 119.15 | 0.0941 | pay 0.0941% / 8h | 5h 05m | $2.5M | $1.7M | 20x |
| Short | Extended BABA_24_5-USD | 119.18 | 0.0144 | get 0.0018% / 1h | 5m 49s | $44K | $363K | 10x |
Bitget BABAUSDT
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$167.37
- Price spread: +0.022% → −0.061%
- $8.27
- Slippage, 4 orders
- −$33.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$209.71
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 57 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, 1 min ago | 2.93 bp | 12.3 bp −$12 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 2.54 bp | 12.1 bp −$12 | 93.4 bp −$934 | 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 | 119.18 | +0.026% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.25 | +0.084% | $2.2M | $646K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.18 | +0.025% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.46 | +0.260% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.27 | +0.101% | $988 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.51 | +0.302% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.18 | +0.025% | $379K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.11 | −0.034% | $429K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.778% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.30 | +0.126% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.30 | +0.126% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.06 | −0.076% | $12.0M | $4.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.20 | +0.042% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.20 | +0.042% | $240K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.28 | +0.109% | $1.2M | $4.5M | 10x | as long as short |
| Variational Omni BABA | +0.0081% | 8h | 119.21 | +0.048% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.17 | +0.017% | $620K | $503K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.23 | +0.067% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDshort | +0.0144% | 1h | 119.18 | +0.022% | $44K | $363K | 10x | |
| Binance BABAUSDT | +0.0146% | 8h | 119.26 | +0.094% | $15.8M | $29.3M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.30 | +0.126% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDTlong | +0.0941% | 8h | 119.15 | long leg | $2.5M | $1.7M | 20x |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA