Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0437%/8h= +47.9% APRpaid last 24h −0.048%
Price spread now: Bitget against Extended−0.016%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$540.539% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.016%, 7d avg +0.060%
Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.076% cheaper against Extended than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.060%). If the spread goes back, that is −$8 on $10k: about 14 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD118.470.0152pay 0.0019% / 1h17m 11s$44K$358K10x
ShortBitget BABAUSDT118.450.0589get 0.0589% / 8h4h 17m$2.4M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$91.77
Price spread: −0.016% → +0.060%
−$7.59
Slippage, 4 orders
−$36.92
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
$30.26
Costs to cover
0.539%
Break-even
4.7 days
Slippage from Extended: live order book, 40 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 40 min ago3.35 bp12.5 bp −$1358.4 bp −$584doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago2.95 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h118.46−0.007%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.48+0.010%$2.1M$698K25xas long as short
Gate BABA_USDT0.0000%8h118.48+0.010%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.49+0.018%$802$3.5M20xas long as short
HTX BABA-USDT0.0000%8h118.44−0.024%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0029%8h118.54+0.060%$3K$215K10xas long as short
Lighter BABA+0.0032%1h118.49+0.018%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.43−0.033%$436K$506K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.219%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.41−0.049%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.50+0.027%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.37−0.083%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.40−0.058%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.29−0.151%$242K$405K10xas long as short
QFEX BABA-USD+0.0068%1h118.43−0.033%$1.2M$4.2M10xas long as short
Variational Omni BABA+0.0077%8h118.43−0.030%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.45−0.016%$617K$483K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.47+0.001%$2K$79810xas long as short
Binance BABAUSDT+0.0149%8h118.50+0.027%$15.7M$30.2M20xas long as short
Extended BABA_24_5-USDlong+0.0152%1h118.47long leg$44K$358K10x
Phoenix BABA+0.0201%1h118.39−0.066%$66K$90K10xas long as short
Bitget BABAUSDTshort+0.0589%8h118.45−0.016%$2.4M$1.7M20x