BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%

Price spread now: Polymarket Perps against Bitget−0.095%7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$480.481% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.133%+$13 on $10k

Price spread, last 3 days (all we have)+0.077%+$8 · spread now −0.095%, 7d avg −0.104%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BABAUSDT	116.17	0	get 0.0000% / 8h	1h 06m	$2.5M	$1.3M	20x
Short	Polymarket Perps BABA-USD	116.06	0.0050	get 0.0006% / 1h	6m 34s	$10K	$263K	10x

Funding history

latest

Range statsloading…

Polymarket Perps against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now −0.095%Rate

Slippage from Bitget: live order book, 6 min ago; Polymarket Perps: live order book, 10 min ago.

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, 6 min ago	2.15 bp	16.0 bp −$16	25.6 bp −$256	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 10 min ago	3.45 bp	7.4 bp −$7	7.4 bp −$74	doesn't fit	doesn't fit

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	116.05	−0.107%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.14	−0.026%	$2.2M	$608K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.17	0.000%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDTlong	0.0000%	8h	116.17	long leg	$2.5M	$1.3M	20x
Variational Omni BABA	0.0000%	8h	116.14	−0.022%	$300K	$620K	—	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	116.15	−0.019%	$3K	$254K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	116.15	−0.017%	$869	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.19	+0.017%	$37K	$2K	20x	as long as short
Extended BABA_24_5-USD	+0.0024%	1h	116.15	−0.019%	$42K	$383K	10x	as long as short
Binance BABAUSDT	+0.0028%	8h	116.17	+0.004%	$15.4M	$21.1M	20x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BABA	+0.0032%	1h	116.27	+0.086%	$384K	$49K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.17	0.000%	$446K	$590K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.284%	$11K	$26K	12x	as long as short
QFEX BABA-USD	+0.0035%	1h	116.14	−0.026%	$1.2M	$5.1M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.14	−0.026%	—	$9K	10x	as long as short
Polymarket Perps BABA-USDshort	+0.0050%	1h	116.06	−0.095%	$10K	$263K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	115.92	−0.215%	$250K	$336K	10x	as long as short
tradeXYZ xyz:BABA	+0.0064%	1h	116.13	−0.034%	$12.1M	$3.0M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.06	−0.095%	$603K	$622K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.15	−0.017%	$2K	$1K	10x	as long as short
Phoenix BABA	+0.0276%	1h	116.21	+0.034%	$65K	$129K	10x	as long as short
Arcus BABA-USD	+0.0462%	1h	116.16	−0.009%	$79K	$93K	10x	as long as short