Funding you earn now, next payment 09:00 UTC−0.0268%/8h= −29.4% APRpaid last 24h +0.010%
Price spread now: Injective against HTX−1.337%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 1.337% cheaper against HTX than usual: you would sell low and buy high (−$134 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 117.41 | 0.0301 | pay 0.0301% / 8h | 7h 42m | $30K | $19K | 20x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 42m 17s | $11K | $26K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against HTX. 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
- −$56.3
- Price spread: −1.337% → 0.000%
- −$133.72
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$202.04
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Injective: no order-book sample. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
HTX and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 117.18 | −0.192% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.30 | −0.094% | $2.1M | $727K | 25x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.32 | −0.077% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.35 | −0.051% | $769 | $2.8M | 20x | as long as short |
| Gate BABA_USDT | +0.0002% | 8h | 117.35 | −0.051% | $1.5M | $1.9M | 50x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.40 | −0.009% | $374K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.32 | −0.077% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −1.337% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.25 | −0.136% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.27 | −0.119% | — | $19K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.18 | −0.196% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.16 | −0.213% | $231K | $420K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.32 | −0.077% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.16 | −0.213% | $612K | $402K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.37 | −0.034% | $2K | $798 | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0118% | 1h | 117.24 | −0.145% | $12.0M | $4.6M | 10x | as long as short |
| Variational Omni BABA | +0.0131% | 8h | 117.33 | −0.068% | $337K | $722K | — | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 117.33 | −0.068% | $43K | $311K | 10x | as long as short |
| Binance BABAUSDT | +0.0195% | 8h | 117.36 | −0.043% | $15.3M | $31.5M | 20x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.34 | −0.060% | $66K | $89K | 10x | as long as short |
| HTX BABA-USDTlong | +0.0301% | 8h | 117.41 | long leg | $30K | $19K | 20x | |
| GRVT BABA_USDT_Perp | +0.0705% | 8h | 117.32 | −0.074% | $3K | $184K | 10x | as long as short |
HTX BABA-USDT
Injective BABA/USDC PERP
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
Gate BABA_USDT
Lighter BABA
Lighter RH BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp