Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.006%
Price spread now: Binance against Extended+0.064%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now +0.064%, 7d avg +0.041%
=Together, before fees+0.225%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 118.28 | 0.0128 | pay 0.0016% / 1h | 46m 17s | $43K | $358K | 10x |
| Short | Binance BABAUSDT | 118.36 | 0.0130 | get 0.0130% / 8h | 3h 46m | $15.6M | $30.6M | 20x |
Extended BABA_24_5-USD
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.43
- Price spread: +0.064% → +0.041%
- $2.26
- Slippage, 4 orders
- −$26.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.34
- Costs to cover
- 0.410%
- Break-even
- 636.6 days
Slippage from Extended: live order book, 6 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 Extended live order book, 6 min ago | 2.96 bp | 12.3 bp −$12 | 146.5 bp −$1,465 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.42 bp | 7.9 bp −$8 | 18.4 bp −$184 | 21.2 bp −$2,119 | 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 | 118.16 | −0.103% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.33 | +0.041% | $2.1M | $704K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.23 | −0.044% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.13 | −0.131% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.29 | +0.007% | $775 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.22 | −0.052% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.41 | +0.108% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.34 | +0.049% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.064% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.12 | −0.137% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
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 | 118.25 | −0.027% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.18 | −0.086% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | −0.069% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.10 | −0.154% | $238K | $405K | 10x | as long as short |
| Variational Omni BABA | +0.0053% | 8h | 118.16 | −0.099% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.26 | −0.019% | $1.2M | $4.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.13 | −0.128% | $616K | $460K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.29 | +0.007% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0128% | 1h | 118.28 | long leg | $43K | $358K | 10x | |
| Binance BABAUSDTshort | +0.0130% | 8h | 118.36 | +0.064% | $15.6M | $30.6M | 20x | |
| Phoenix BABA | +0.0203% | 1h | 118.08 | −0.171% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0351% | 8h | 118.35 | +0.058% | $2.4M | $1.7M | 20x | 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
Phoenix BABA
Bitget BABAUSDT