Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.10 per $10,000 · paid last 24h +0.077%
Price spread now: Arcus against Extended−0.070%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 4 days (all we have)+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.070%, 7d avg +0.011%
=Together, before fees+0.214%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.081% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.159%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.93 | 0.0120 | pay 0.0015% / 1h | 21m 00s | $44K | $308K | 10x |
| Short | Arcus BABA-USD | 116.85 | 0.0040 | get 0.0005% / 1h | 21m 00s | $71K | $110K | 10x |
Extended BABA_24_5-USD
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- −$16.74
- Price spread: −0.070% → +0.011%
- −$8.13
- Slippage, 4 orders
- −$39.85
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$74.22
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; Arcus: live order book, 13 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 Extended live order book, 21 min ago | 3.42 bp | 13.0 bp −$13 | 138.0 bp −$1,380 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 13 min ago | 5.56 bp | 10.1 bp −$10 | 12.4 bp −$124 | 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 | 117.08 | +0.123% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.97 | +0.033% | $2.1M | $734K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.95 | +0.015% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.95 | +0.015% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.95 | +0.015% | $481 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.86 | −0.062% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0022% | 8h | 116.89 | −0.037% | $2K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.02 | +0.075% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.92 | −0.010% | $434K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.934% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USDshort | +0.0040% | 1h | 116.85 | −0.070% | $71K | $110K | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.94 | +0.007% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.89 | −0.036% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.89 | −0.036% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.82 | −0.096% | $227K | $421K | 10x | as long as short |
| Variational Omni BABA | +0.0053% | 8h | 116.82 | −0.096% | $364K | $753K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.95 | +0.015% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.81 | −0.104% | $607K | $388K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.94 | +0.007% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0120% | 1h | 116.93 | long leg | $44K | $308K | 10x | |
| Binance BABAUSDT | +0.0121% | 8h | 116.96 | +0.024% | $15.1M | $32.5M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.84 | −0.079% | $65K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA