Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against Gate−0.127%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.127%, 7d avg −0.118%
=Together, before fees+0.123%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.118%, so right now this pair is about funding alone: +$2 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 | 118.32 | 0 | get 0.0000% / 8h | 3h 04m | $1.5M | $2.0M | 50x |
| Short | tradeXYZ xyz:BABA | 118.17 | 0.0050 | get 0.0006% / 1h | 4m 50s | $12.0M | $4.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.127% → −0.118%
- −$0.89
- Slippage, 4 orders
- −$22.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$45.66
- Costs to cover
- 0.553%
- Break-even
- 37.4 days
Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 3.38 bp | 15.0 bp −$15 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.27 bp | 11.1 bp −$11 | 14.8 bp −$148 | 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 | 118.36 | +0.034% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.32 | 0.000% | $2.1M | $706K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 118.32 | long leg | $1.5M | $2.0M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.32 | 0.000% | $1K | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.36 | +0.034% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.36 | +0.034% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.29 | −0.025% | $438K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.096% | $11K | $26K | 12x | as long as short |
| GRVT BABA_USDT_Perp | +0.0036% | 8h | 118.39 | +0.059% | $3K | $193K | 10x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.32 | 0.000% | $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 | 118.26 | −0.051% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 118.17 | −0.127% | $12.0M | $4.2M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.24 | −0.068% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.26 | −0.051% | $239K | $408K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.33 | +0.008% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0078% | 8h | 118.34 | +0.021% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.16 | −0.135% | $614K | $454K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.31 | −0.008% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 118.30 | −0.020% | $43K | $356K | 10x | as long as short |
| Binance BABAUSDT | +0.0155% | 8h | 118.32 | 0.000% | $15.7M | $30.7M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.38 | +0.051% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0238% | 8h | 118.32 | 0.000% | $2.4M | $1.7M | 20x | as long as short |
Gate BABA_USDT
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT