Funding you earn now, next payment 07:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.063%
Price spread now: Gate against Extended+0.053%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.053%, 7d avg +0.024%
=Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.029% dearer against Extended than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.024%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.073% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.89 | 0.0112 | pay 0.0014% / 1h | 0m 29s | $44K | $293K | 10x |
| Short | Gate BABA_USDT | 116.95 | 0 | get 0.0000% / 8h | 1h 00m | $1.5M | $2.1M | 50x |
Extended BABA_24_5-USD
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$23.52
- Price spread: +0.053% → +0.024%
- $2.89
- Slippage, 4 orders
- −$36.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.63
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 min ago; Gate: live order book, 2 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, 42 min ago | 3.42 bp | 13.0 bp −$13 | 138.0 bp −$1,380 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.85 bp | 14.6 bp −$15 | 141.4 bp −$1,414 | 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 | 116.99 | +0.091% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.93 | +0.036% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.95 | +0.053% | $1.5M | $2.1M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.99 | +0.087% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.93 | +0.036% | $744 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.99 | +0.087% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0017% | 8h | 116.96 | +0.062% | $2K | $192K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.01 | +0.105% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.91 | +0.019% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.896% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0037% | 8h | 116.92 | +0.027% | $365K | $747K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.88 | −0.007% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.93 | +0.036% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.83 | −0.049% | $11.7M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.86 | −0.024% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.88 | −0.007% | $229K | $427K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.93 | +0.036% | $1.3M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.90 | +0.010% | $609K | $382K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.94 | +0.045% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0106% | 8h | 116.92 | +0.028% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0112% | 1h | 116.89 | long leg | $44K | $293K | 10x | |
| Phoenix BABA | +0.0204% | 1h | 116.92 | +0.028% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA