Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Aster against Injective+1.852%67s7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Aster is 1.852% dearer against Injective than usual: you sell high and buy low (spread +1.852% now, against zero (this spread has no 7-day history yet)): +$185 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6 months. The two prices were read 67 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 | 30m 21s | $11K | $26K | 12x |
| Short | Aster BABAUSDT | 117.99 | 0 | get 0.0000% / 8h | 2h 30m | $70K | $36K | 20x |
Injective BABA/USDC PERP
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$7
- Price spread: +1.852% → 0.000%
- $185.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $170.16
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Aster: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Injective and Aster: 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 BABAUSDTshort | 0.0000% | 8h | 117.99 | +1.852% | $70K | $36K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.76 | +1.657% | $2.1M | $719K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.71 | +1.614% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.76 | +1.657% | $928 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.06 | +1.916% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.89 | +1.770% | $375K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.81 | +1.701% | $437K | $513K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.83 | +1.718% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.71 | +1.614% | — | $19K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BABAUSDT | +0.0046% | 8h | 117.82 | +1.709% | $2.4M | $1.7M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.62 | +1.537% | $11.9M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.60 | +1.519% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.79 | +1.683% | $238K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.65 | +1.563% | $1.2M | $3.5M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0083% | 8h | 117.95 | +1.821% | $2K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.63 | +1.545% | $612K | $429K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.68 | +1.588% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0107% | 8h | 117.68 | +1.586% | $265K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0173% | 8h | 117.85 | +1.734% | $15.6M | $31.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.73 | +1.630% | $43K | $357K | 10x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.88 | +1.761% | $66K | $90K | 10x | as long as short |
Bitget BABAUSDT
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA