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: HTX against KuCoin+0.431%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. HTX is 0.431% dearer against KuCoin than usual: you sell high and buy low (spread +0.431% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.29 | 0.0100 | pay 0.0100% / 8h | 4h 33m | $616K | $492K | 20x |
| Short | HTX BABA-USDT | 118.80 | 0 | get 0.0000% / 8h | 4h 33m | $30K | $18K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.431% → 0.000%
- $43.11
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$1.89
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 50 min ago; HTX: 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 KuCoin live order book, 50 min ago | 31.54 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | 118.57 | +0.235% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.46 | +0.144% | $2.2M | $659K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.37 | +0.068% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.39 | +0.085% | $777 | $3.5M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 118.80 | +0.431% | $30K | $18K | 20x | |
| GRVT BABA_USDT_Perp | +0.0005% | 8h | 118.61 | +0.266% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.46 | +0.144% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.41 | +0.101% | $427K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.071% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.47 | +0.152% | $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 | 118.36 | +0.059% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.31 | +0.017% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.29 | 0.000% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.38 | +0.076% | $241K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.34 | +0.042% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni BABA | +0.0070% | 8h | 118.56 | +0.232% | $267K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.29 | long leg | $616K | $492K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.39 | +0.085% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0142% | 8h | 118.47 | +0.156% | $15.7M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.35 | +0.051% | $43K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.63 | +0.287% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0800% | 8h | 118.51 | +0.186% | $2.4M | $1.7M | 20x | as long as short |
KuCoin BABAUSDTM
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX 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
Bitget BABAUSDT