Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against KuCoin+0.076%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.076%, 7d avg +0.114%
=Funding pays, the price is against you. Bitget is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.076% now, against its 7-day average of +0.114%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.17 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $616K | $459K | 20x |
| Short | Bitget BABAUSDT | 118.26 | 0.0279 | get 0.0279% / 8h | 3h 18m | $2.4M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $37.59
- Price spread: +0.076% → +0.114%
- −$3.78
- Slippage, 4 orders
- −$115.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$105.24
- Costs to cover
- 1.390%
- Break-even
- 26.6 days
Slippage from KuCoin: live order book, 56 min ago; Bitget: live order book, 4 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 KuCoin live order book, 56 min ago | 19.45 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.53 bp | 12.8 bp −$13 | doesn't fit | 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 | 118.18 | +0.012% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.28 | +0.093% | $2.1M | $706K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.29 | +0.102% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.27 | +0.085% | $704 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.31 | +0.118% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 118.41 | +0.203% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.37 | +0.169% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.27 | +0.085% | $437K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.972% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.31 | +0.118% | $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 | 118.30 | +0.110% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.20 | +0.025% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | +0.025% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.13 | −0.034% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.24 | +0.059% | $1.2M | $3.7M | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 118.40 | +0.194% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.17 | long leg | $616K | $459K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.25 | +0.068% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0132% | 8h | 118.28 | +0.093% | $15.6M | $30.7M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.25 | +0.066% | $43K | $354K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.41 | +0.203% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0279% | 8h | 118.26 | +0.076% | $2.4M | $1.7M | 20x |
KuCoin BABAUSDTM
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA