BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.045%

Price spread now: tradeXYZ against Extended−0.048%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$510.507% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.048%, 7d avg −0.064%

Together, before fees+0.044%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$3 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	118.34	0.0144	pay 0.0018% / 1h	38m 29s	$43K	$358K	10x
Short	tradeXYZ xyz:BABA	118.28	0.0050	get 0.0006% / 1h	38m 29s	$12.0M	$4.2M	10x

Funding history

latest

Range statsloading…

tradeXYZ against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee ExtendedbpFee tradeXYZbpOrdersPrice spread, now −0.048%Rate

Slippage from Extended: live order book, 14 min ago; tradeXYZ: live order book, 10 min ago.

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, 14 min ago	2.96 bp	12.3 bp −$12	146.5 bp −$1,465	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.27 bp	13.4 bp −$13	17.2 bp −$172	doesn't fit	doesn't fit

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	118.29	−0.039%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.39	+0.045%	$2.1M	$704K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.38	+0.036%	$1.5M	$1.9M	50x	as long as short
SunX BABA-USDT	0.0000%	8h	118.35	+0.011%	$641	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.40	+0.053%	$30K	$18K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0017%	8h	118.42	+0.070%	$3K	$193K	10x	as long as short
Lighter BABA	+0.0032%	1h	118.45	+0.096%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.37	+0.028%	$438K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.110%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.33	−0.006%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.37	+0.028%	—	$19K	10x	as long as short
tradeXYZ xyz:BABAshort	+0.0050%	1h	118.28	−0.048%	$12.0M	$4.2M	10x
Polymarket Perps BABA-USD	+0.0050%	1h	118.31	−0.023%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.26	−0.065%	$238K	$406K	10x	as long as short
QFEX BABA-USD	+0.0056%	1h	118.36	+0.020%	$1.2M	$3.9M	10x	as long as short
Variational Omni BABA	+0.0062%	8h	118.42	+0.070%	$266K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.21	−0.107%	$616K	$459K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.37	+0.028%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0142%	8h	118.37	+0.028%	$15.7M	$30.6M	20x	as long as short
Extended BABA_24_5-USDlong	+0.0144%	1h	118.34	long leg	$43K	$358K	10x
Phoenix BABA	+0.0203%	1h	118.40	+0.053%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0328%	8h	118.36	+0.020%	$2.4M	$1.7M	20x	as long as short