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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.79 | 0.0128 | pay 0.0016% / 1h | 29m 44s | $43K | $304K | 10x |
| Short | Bybit BABAUSDT | 116.80 | 0 | get 0.0000% / 8h | 1h 29m | $2.1M | $734K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 13 min ago | 3.42 bp | 13.0 bp −$13 | 138.0 bp −$1,380 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 2.14 bp | 16.5 bp −$16 | 95.1 bp −$951 | 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 | 116.97 | +0.153% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 116.80 | +0.007% | $2.1M | $734K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.77 | −0.019% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.78 | −0.010% | $2.3M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.72 | −0.062% | $944 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.08 | +0.247% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0031% | 8h | 117.02 | +0.198% | $3K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.83 | +0.033% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.77 | −0.019% | $433K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.815% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.74 | −0.044% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.65 | −0.122% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.70 | −0.079% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.59 | −0.173% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.68 | −0.096% | $227K | $420K | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 116.66 | −0.109% | $362K | $752K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.65 | −0.122% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.73 | −0.053% | $607K | $395K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.70 | −0.079% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0128% | 1h | 116.79 | long leg | $43K | $304K | 10x | |
| Binance BABAUSDT | +0.0129% | 8h | 116.82 | +0.024% | $15.1M | $32.4M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.89 | +0.084% | $65K | $89K | 10x | as long as short |
Extended BABA_24_5-USD
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Phoenix BABA