Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.077%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.077%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.20 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $609K | $410K | 20x |
| Short | Gate BABA_USDT | 117.29 | 0 | get 0.0000% / 8h | 1h 51m | $1.5M | $2.0M | 50x |
KuCoin BABAUSDTM
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.077% → +0.078%
- −$0.12
- Slippage, 4 orders
- −$150.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.43
- Costs to cover
- 1.773%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 67 min ago; Gate: live order book, 1 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, 67 min ago | 22.87 bp | 80.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.69 bp | 15.0 bp −$15 | 126.4 bp −$1,264 | 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 | 117.47 | +0.233% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.27 | +0.060% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 117.29 | +0.077% | $1.5M | $2.0M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 117.29 | +0.077% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.33 | +0.111% | $682 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.54 | +0.290% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.37 | +0.145% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.31 | +0.094% | $435K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.160% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.36 | +0.137% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.36 | +0.137% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.24 | +0.034% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.27 | +0.060% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.20 | 0.000% | $238K | $417K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.32 | +0.102% | $1.2M | $3.1M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0066% | 8h | 117.45 | +0.216% | $2K | $194K | 10x | as long as short |
| Variational Omni BABA | +0.0094% | 8h | 117.47 | +0.230% | $264K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.20 | long leg | $609K | $410K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.31 | +0.094% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0157% | 8h | 117.30 | +0.085% | $15.5M | $32.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 117.24 | +0.033% | $44K | $352K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 117.38 | +0.154% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA