BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.131%

Price spread now: Arcus against Injective+2.020%101s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Arcus

What this pair did over the last

the charts below follow

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 2.020% dearer against Injective than usual: you sell high and buy low, +$202 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BABA/USDC PERP	115.84	0.0033	pay 0.0004% / 1h	45m 43s	$11K	$26K	12x
Short	Arcus BABA-USD	118.18	0.0040	get 0.0005% / 1h	45m 43s	$72K	$109K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ArcusbpOrdersPrice spread, now +2.020%Rate

Funding earned: $1.46
Price spread: +2.020% → 0.000%: $202
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $198.94
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Arcus: live order book, 63 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 Injective no order-book sample	—	—	—	—	—
Sell Arcus live order book, 63 min ago	4.63 bp	10.7 bp −$11	13.1 bp −$131	doesn't fit	doesn't fit

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	118.23	+2.067%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.29	+2.115%	$2.1M	$704K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.33	+2.150%	$1.5M	$1.9M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	118.13	+1.975%	$3K	$193K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.29	+2.115%	$775	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.22	+2.055%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.42	+2.227%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.33	+2.150%	$438K	$507K	10x	as long as short
Injective BABA/USDC PERPlong	+0.0033%	1h	115.84	long leg	$11K	$26K	12x
Arcus BABA-USDshort	+0.0040%	1h	118.18	+2.020%	$72K	$109K	10x

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	118.25	+2.080%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.22	+2.055%	$12.0M	$4.2M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.20	+2.037%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.21	+2.046%	$238K	$406K	10x	as long as short
Variational Omni BABA	+0.0051%	8h	118.32	+2.145%	$266K	$658K	—	as long as short
QFEX BABA-USD	+0.0056%	1h	118.26	+2.089%	$1.2M	$4.0M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.13	+1.977%	$616K	$460K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.29	+2.115%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0128%	1h	118.30	+2.121%	$43K	$358K	10x	as long as short
Binance BABAUSDT	+0.0131%	8h	118.33	+2.150%	$15.6M	$30.6M	20x	as long as short
Phoenix BABA	+0.0203%	1h	118.08	+1.934%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0348%	8h	118.35	+2.167%	$2.4M	$1.7M	20x	as long as short