Funding you earn now, next payment 11:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h +0.058%
Price spread now: Extended against Gate−0.044%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.615% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.044%, 7d avg −0.025%
=Together, before fees+0.006%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 119.63 | 0 | get 0.0000% / 8h | 5h 50m | $1.5M | $2.0M | 50x |
| Short | Extended BABA_24_5-USD | 119.58 | 0.0264 | get 0.0033% / 1h | 50m 07s | $47K | $312K | 10x |
Gate BABA_USDT
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $55.44
- Price spread: −0.044% → −0.025%
- −$1.97
- Slippage, 4 orders
- −$41.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.07
- Costs to cover
- 0.615%
- Break-even
- 8.0 days
Slippage from Gate: live order book, 1 min ago; Extended: live order book, 60 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 Gate live order book, 1 min ago | 0.84 bp | 15.7 bp −$16 | 106.1 bp −$1,061 | doesn't fit | doesn't fit |
| Sell Extended live order book, 60 min ago | 2.95 bp | 12.3 bp −$12 | 128.8 bp −$1,288 | doesn't fit | doesn't fit |
BABA on 22 exchanges
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 | 119.57 | −0.053% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.64 | +0.008% | $2.2M | $711K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 119.63 | long leg | $1.5M | $2.0M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 119.61 | −0.017% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.63 | 0.000% | $708 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.77 | +0.117% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.58 | −0.042% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.69 | +0.050% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.56 | −0.059% | $435K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.168% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.54 | −0.075% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.75 | +0.100% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.51 | −0.100% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.67 | +0.033% | $213K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0078% | 1h | 119.56 | −0.059% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.56 | −0.059% | $623K | $518K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.62 | −0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0221% | 8h | 119.63 | +0.004% | $374K | $672K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0249% | 8h | 119.78 | +0.125% | $3K | $180K | 10x | as long as short |
| Binance BABAUSDT | +0.0263% | 8h | 119.62 | −0.011% | $15.1M | $33.8M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0264% | 1h | 119.58 | −0.044% | $47K | $312K | 10x | |
| Phoenix BABA | +0.0267% | 1h | 119.76 | +0.109% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Phoenix BABA