Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit−0.060%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.060%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 116.55 | 0 | get 0.0000% / 8h | 7h 24m | $2.2M | $582K | 25x |
| Short | SunX BABA-USDT | 116.48 | 0 | get 0.0000% / 8h | 7h 24m | $697 | $4.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: −0.060% → +0.014%
- −$7.46
- Slippage, 4 orders
- −$139.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$166.18
- Costs to cover
- 1.587%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 4 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, 3 min ago | 3.43 bp | 11.4 bp −$11 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 45.09 bp | 64.1 bp −$64 | doesn't fit | 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 | 116.47 | −0.071% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 116.55 | long leg | $2.2M | $582K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.50 | −0.043% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.41 | −0.120% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.47 | −0.069% | $3K | $234K | 10x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 116.48 | −0.060% | $697 | $4.1M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.53 | −0.017% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.57 | +0.017% | $385K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.47 | −0.069% | $440K | $491K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.609% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.48 | −0.060% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.44 | −0.094% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.41 | −0.120% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.30 | −0.215% | $239K | $341K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.45 | −0.086% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.37 | −0.154% | $603K | $546K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.48 | −0.060% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0137% | 8h | 116.43 | −0.102% | $301K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.45 | −0.083% | $42K | $440K | 10x | as long as short |
| Binance BABAUSDT | +0.0192% | 8h | 116.48 | −0.060% | $15.4M | $21.6M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.41 | −0.120% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.45 | −0.086% | $75K | $100K | 10x | as long as short |
Bybit BABAUSDT
SunX BABA-USDT
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA