Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.017%
Price spread now: QFEX against HTX+0.325%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.325% dearer against HTX than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 116.87 | 0 | get 0.0000% / 8h | 7h 01m | $37K | $2K | 20x |
| Short | QFEX BABA-USD | 117.25 | 0.0072 | get 0.0009% / 1h | 1m 57s | $1.2M | $4.9M | 10x |
HTX BABA-USDT
QFEX BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $15.12
- Price spread: +0.325% → 0.000%
- $32.51
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $25.63
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 7 min ago. 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 QFEX live order book, 7 min ago | 2.57 bp | 7.6 bp −$8 | 9.3 bp −$93 | doesn't fit | doesn't fit |
HTX: 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 | 117.30 | +0.369% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.51 | +0.548% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.43 | +0.479% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.36 | +0.419% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | +0.035% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.49 | +0.531% | $587 | $4.1M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 116.87 | long leg | $37K | $2K | 20x | |
| Lighter BABA | +0.0032% | 1h | 117.53 | +0.565% | $387K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.38 | +0.436% | $424K | $515K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.881% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.23 | +0.308% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.34 | +0.402% | $12.4M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.29 | +0.359% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.10 | +0.197% | $234K | $359K | 10x | as long as short |
| QFEX BABA-USDshort | +0.0072% | 1h | 117.25 | +0.325% | $1.2M | $4.9M | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.26 | +0.334% | $609K | $538K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.37 | +0.428% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 116.80 | −0.057% | $302K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.39 | +0.448% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0208% | 8h | 117.50 | +0.539% | $15.5M | $22.8M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.94 | +0.060% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.88 | +0.009% | $73K | $102K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD