Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Bybit+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 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 | 116.29 | 0 | get 0.0000% / 8h | 41m 18s | $2.2M | $595K | 25x |
| Short | Orderly PERP_BABA_USDC_mythos | 116.30 | 0.0100 | get 0.0100% / 8h | 41m 18s | $2K | $1K | 10x |
Bybit BABAUSDT
Orderly PERP_BABA_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: +0.009% → 0.000%
- $0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.86
- Costs to cover
- 0.170%
- Break-even
- 5.4 days
Slippage unknown: Bybit: live order book, just now; Orderly: no order-book sample. Net counts fees only.
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, just now | 4.73 bp | 15.3 bp −$15 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 116.23 | −0.052% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 116.29 | long leg | $2.2M | $595K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.31 | +0.017% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.33 | +0.034% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.29 | 0.000% | $884 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.42 | +0.112% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | −0.034% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.28 | −0.009% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.387% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.18 | −0.095% | — | $9K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.24 | −0.043% | $1.2M | $5.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.16 | −0.112% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.04 | −0.215% | $243K | $352K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 116.34 | +0.043% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.20 | −0.077% | $602K | $602K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 116.30 | +0.009% | $2K | $1K | 10x | |
| Lighter BABA | +0.0112% | 1h | 116.43 | +0.120% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.28 | −0.009% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0115% | 8h | 116.30 | +0.009% | $15.3M | $21.3M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0153% | 1h | 116.24 | −0.043% | $12.1M | $3.1M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.043% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.27 | −0.017% | $78K | $94K | 10x | as long as short |
QFEX BABA-USD
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD