Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.004%
Price spread now: tradeXYZ against Bitget−0.094%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.094%, 7d avg −0.119%
=Together, before fees+0.227%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.025% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 117.24 | 0 | get 0.0000% / 8h | 6h 34m | $2.5M | $1.3M | 20x |
| Short | tradeXYZ xyz:BABA | 117.13 | 0.0050 | get 0.0006% / 1h | 34m 14s | $12.2M | $3.4M | 10x |
Bitget BABAUSDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.094% → −0.119%
- $2.55
- Slippage, 4 orders
- −$22.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$39.22
- Costs to cover
- 0.523%
- Break-even
- 33.1 days
Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 2.98 bp | 16.9 bp −$17 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.28 bp | 12.0 bp −$12 | 15.3 bp −$153 | 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 | 117.20 | −0.034% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.25 | +0.009% | $2.2M | $584K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.23 | −0.009% | $1.4M | $1.5M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.24 | long leg | $2.5M | $1.3M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.22 | −0.017% | $844 | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.03 | −0.179% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.33 | +0.077% | $387K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.18 | −0.051% | $424K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.194% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.21 | −0.026% | $1.2M | $4.6M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.20 | −0.034% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.19 | −0.043% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 117.13 | −0.094% | $12.2M | $3.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.18 | −0.051% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.13 | −0.094% | $241K | $369K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0061% | 8h | 117.26 | +0.018% | $3K | $229K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.22 | −0.017% | $610K | $532K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.24 | 0.000% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0164% | 8h | 117.28 | +0.036% | $272K | $650K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.33 | +0.077% | $66K | $71K | 10x | as long as short |
| Binance BABAUSDT | +0.0213% | 8h | 117.21 | −0.025% | $15.5M | $23.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0216% | 1h | 117.19 | −0.044% | $43K | $366K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD