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 07:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.063%
Price spread now: Bybit against Extended+0.007%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.164%−$16 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.007%, 7d avg +0.018%
Together, before fees−0.138%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD116.790.0128pay 0.0016% / 1h29m 44s$43K$304K10x
ShortBybit BABAUSDT116.800get 0.0000% / 8h1h 29m$2.1M$734K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$26.88
Price spread: +0.007% → +0.018%
−$1.16
Slippage, 4 orders
−$38.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$82.88
Costs to cover
0.548%
Break-even
never at this rate
Slippage from Extended: live order book, 13 min ago; Bybit: live order book, 7 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, 13 min ago3.42 bp13.0 bp −$13138.0 bp −$1,380doesn't fitdoesn't fit
Sell Bybit live order book, 7 min ago2.14 bp16.5 bp −$1695.1 bp −$951doesn'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%8h116.97+0.153%$68K$36K20xas long as short
Bybit BABAUSDTshort0.0000%8h116.80+0.007%$2.1M$734K25x
Gate BABA_USDT0.0000%8h116.77−0.019%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h116.78−0.010%$2.3M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h116.72−0.062%$944$3.3M20xas long as short
HTX BABA-USDT0.0000%8h117.08+0.247%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0031%8h117.02+0.198%$3K$194K10xas long as short
Lighter BABA+0.0032%1h116.83+0.033%$372K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.77−0.019%$433K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.815%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.74−0.044%$71K$110K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.65−0.122%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.70−0.079%$11.7M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.59−0.173%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.68−0.096%$227K$420K10xas long as short
Variational Omni BABA+0.0057%8h116.66−0.109%$362K$752Kas long as short
QFEX BABA-USD+0.0063%1h116.65−0.122%$1.2M$3.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.73−0.053%$607K$395K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.70−0.079%$2K$79810xas long as short
Extended BABA_24_5-USDlong+0.0128%1h116.79long leg$43K$304K10x
Binance BABAUSDT+0.0129%8h116.82+0.024%$15.1M$32.4M20xas long as short
Phoenix BABA+0.0204%1h116.89+0.084%$65K$89K10xas long as short