Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against Bybit−0.135%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.605% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.135%, 7d avg −0.115%
=Together, before fees+0.261%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.020% cheaper against Bybit than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.115%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 118.38 | 0 | get 0.0000% / 8h | 4h 34m | $2.2M | $646K | 25x |
| Short | tradeXYZ xyz:BABA | 118.22 | 0.0050 | get 0.0006% / 1h | 34m 55s | $11.9M | $4.1M | 10x |
Bybit BABAUSDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.135% → −0.115%
- −$2.04
- Slippage, 4 orders
- −$31.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$52.07
- Costs to cover
- 0.605%
- Break-even
- 41.7 days
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: 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, 2 min ago | 3.37 bp | 14.3 bp −$14 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.84 bp | 12.2 bp −$12 | 15.1 bp −$151 | 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 | 118.57 | +0.162% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 118.38 | long leg | $2.2M | $646K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.36 | −0.017% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.56 | +0.152% | $972 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.80 | +0.355% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0005% | 8h | 118.61 | +0.190% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.42 | +0.034% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.33 | −0.042% | $427K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.146% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.54 | +0.135% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | 118.48 | +0.084% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 118.22 | −0.135% | $11.9M | $4.1M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.37 | −0.008% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.38 | 0.000% | $241K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.49 | +0.093% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni BABA | +0.0070% | 8h | 118.56 | +0.156% | $267K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.39 | +0.008% | $616K | $493K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.43 | +0.042% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0144% | 8h | 118.36 | −0.017% | $15.6M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.33 | −0.042% | $43K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.63 | +0.211% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0817% | 8h | 118.35 | −0.025% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT