Funding you earn now, next payment 06:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.065%
Price spread now: SunX against Extended−0.025%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.025%, 7d avg +0.029%
=Together, before fees−0.041%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.053% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 117.69 | 0.0168 | pay 0.0021% / 1h | 25m 39s | $43K | $357K | 10x |
| Short | SunX BABA-USDT | 117.66 | 0 | get 0.0000% / 8h | 2h 25m | $928 | $3.4M | 20x |
Extended BABA_24_5-USD
SunX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$35.28
- Price spread: −0.025% → +0.029%
- −$5.33
- Slippage, 4 orders
- −$139.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$192.81
- Costs to cover
- 1.522%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; SunX: 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, 22 min ago | 1.69 bp | 12.4 bp −$12 | 133.4 bp −$1,334 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 45.92 bp | 64.6 bp −$65 | doesn't fit | 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 | 117.93 | +0.201% | $70K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.67 | −0.016% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.70 | +0.009% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.70 | +0.009% | $2.4M | $1.7M | 20x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 117.66 | −0.025% | $928 | $3.4M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.74 | +0.043% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.70 | +0.009% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.66 | −0.025% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.571% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.62 | −0.059% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | 117.58 | −0.093% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.58 | −0.093% | $11.9M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.55 | −0.118% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.62 | −0.059% | $238K | $400K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.72 | +0.026% | $1.2M | $3.4M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0077% | 8h | 117.75 | +0.053% | $2K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.60 | −0.076% | $611K | $430K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.63 | −0.050% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0105% | 8h | 117.65 | −0.037% | $264K | $658K | — | as long as short |
| Extended BABA_24_5-USDlong | +0.0168% | 1h | 117.69 | long leg | $43K | $357K | 10x | |
| Binance BABAUSDT | +0.0172% | 8h | 117.73 | +0.038% | $15.6M | $31.2M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.73 | +0.035% | $66K | $90K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA