BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.067%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1981.976% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.067%, 7d avg −0.076%

Together, before fees+0.085%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.076%, 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	Gate BABA_USDT	118.64	0	get 0.0000% / 8h	4h 36m	$1.5M	$1.9M	50x
Short	KuCoin BABAUSDTM	118.56	0.0100	get 0.0100% / 8h	4h 36m	$617K	$492K	20x

Funding history

latest

Range statsloading…

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.067%Rate

Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 47 min ago.

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	2.95 bp	18.8 bp −$19	167.8 bp −$1,678	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	31.54 bp	79.2 bp −$79	doesn't fit	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	118.74	+0.085%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.67	+0.025%	$2.2M	$647K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	118.64	long leg	$1.5M	$1.9M	50x
GRVT BABA_USDT_Perp	0.0000%	8h	118.64	+0.003%	$3K	$216K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.64	0.000%	$954	$3.6M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.80	+0.135%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.64	0.000%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.57	−0.059%	$428K	$496K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.360%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.57	−0.059%	$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	118.63	−0.008%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.50	−0.118%	$12.0M	$4.1M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.56	−0.067%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.41	−0.194%	$241K	$404K	10x	as long as short
Variational Omni BABA	+0.0060%	8h	118.65	+0.007%	$267K	$658K	—	as long as short
QFEX BABA-USD	+0.0068%	1h	118.64	0.000%	$1.2M	$4.3M	10x	as long as short
KuCoin BABAUSDTMshort	+0.0100%	8h	118.56	−0.067%	$617K	$492K	20x
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.64	0.000%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0144%	8h	118.62	−0.017%	$15.7M	$30.2M	20x	as long as short
Extended BABA_24_5-USD	+0.0144%	1h	118.60	−0.033%	$43K	$360K	10x	as long as short
Phoenix BABA	+0.0201%	1h	118.63	−0.008%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0843%	8h	118.61	−0.025%	$2.4M	$1.7M	20x	as long as short