Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Bybit−0.022%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.022%, 7d avg −0.010%
=The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 117.37 | 0 | get 0.0000% / 8h | 2h 02m | $2.1M | $730K | 25x |
| Short | Binance BABAUSDT | 117.34 | 0.0169 | get 0.0169% / 8h | 2h 02m | $15.5M | $31.7M | 20x |
Bybit BABAUSDT
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $35.52
- Price spread: −0.022% → −0.010%
- −$1.2
- Slippage, 4 orders
- −$19.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$6.34
- Costs to cover
- 0.407%
- Break-even
- 8.2 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 10 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 Bybit live order book, 5 min ago | 3.40 bp | 14.7 bp −$15 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.27 bp | 7.8 bp −$8 | 21.4 bp −$214 | 83.2 bp −$8,323 | 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 | 117.59 | +0.186% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 117.37 | long leg | $2.1M | $730K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 117.44 | +0.060% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.46 | +0.077% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.44 | +0.060% | $639 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.78 | +0.349% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.48 | +0.094% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.38 | +0.009% | $435K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.304% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.50 | +0.111% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | 117.39 | +0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.34 | −0.026% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.35 | −0.017% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.32 | −0.043% | $238K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.37 | 0.000% | $1.2M | $3.2M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0082% | 8h | 117.73 | +0.309% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.46 | +0.077% | $611K | $416K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.44 | +0.060% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0108% | 8h | 117.67 | +0.259% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0168% | 1h | 117.38 | +0.006% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0169% | 8h | 117.34 | −0.022% | $15.5M | $31.7M | 20x | |
| Phoenix BABA | +0.0271% | 1h | 117.65 | +0.239% | $66K | $90K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Phoenix BABA