Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.035%
Price spread now: Extended against KuCoin+0.114%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1761.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.114%, 7d avg +0.053%
Together, before fees−0.138%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.061% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM116.420.0100pay 0.0100% / 8h7h 22m$603K$544K20x
ShortExtended BABA_24_5-USD116.550.0192get 0.0024% / 1h22m 16s$42K$426K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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

Funding earned
$19.32
Price spread: +0.114% → +0.053%
$6.14
Slippage, 4 orders
−$158.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$150.44
Costs to cover
1.759%
Break-even
61.5 days
Slippage from KuCoin: live order book, 31 min ago; Extended: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 31 min ago14.18 bp77.2 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 50 min ago3.01 bp12.6 bp −$13142.6 bp −$1,426doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.58+0.137%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.64+0.189%$2.2M$583K25xas long as short
Gate BABA_USDT0.0000%8h116.62+0.172%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.59+0.146%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perp0.0000%8h116.47+0.045%$3K$234K10xas long as short
SunX BABA-USDT0.0000%8h116.58+0.137%$799$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.50+0.069%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.68+0.223%$386K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.54+0.103%$440K$491K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.498%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.55+0.112%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.51+0.077%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.48+0.052%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.46+0.034%$239K$343K10xas long as short
QFEX BABA-USD+0.0072%1h116.55+0.112%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h116.42long leg$603K$544K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.59+0.146%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.43+0.009%$301K$619Kas long as short
Binance BABAUSDT+0.0189%8h116.58+0.139%$15.4M$21.7M20xas long as short
Extended BABA_24_5-USDshort+0.0192%1h116.55+0.114%$42K$426K10x
Phoenix BABA+0.0343%1h116.47+0.043%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.47+0.043%$75K$100K10xas long as short