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: SunX against KuCoin+0.102%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.102%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, 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 | 117.27 | 0.0100 | pay 0.0100% / 8h | 6h 37m | $611K | $532K | 20x |
| Short | SunX BABA-USDT | 117.39 | 0 | get 0.0000% / 8h | 6h 37m | $829 | $4.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.102% → +0.084%
- $1.78
- Slippage, 4 orders
- −$259.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$299
- Costs to cover
- 2.798%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 75 min ago; SunX: live order book, 10 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, 75 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 46.18 bp | 64.9 bp −$65 | 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 | 117.29 | +0.016% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.36 | +0.077% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.40 | +0.111% | $1.4M | $1.5M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.39 | +0.102% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 117.39 | +0.102% | $829 | $4.0M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.33 | +0.051% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.41 | +0.119% | $387K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.27 | 0.000% | $424K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.219% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.41 | +0.119% | $1.2M | $4.6M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.16 | −0.094% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.30 | +0.026% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.24 | −0.026% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.31 | +0.034% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.16 | −0.094% | $238K | $370K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0064% | 8h | 117.12 | −0.132% | $3K | $230K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.27 | long leg | $611K | $532K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.35 | +0.068% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0160% | 8h | 117.23 | −0.037% | $303K | $619K | — | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.179% | $66K | $71K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.39 | +0.104% | $43K | $370K | 10x | as long as short |
| Binance BABAUSDT | +0.0213% | 8h | 117.31 | +0.034% | $15.6M | $23.2M | 20x | as long as short |
KuCoin BABAUSDTM
SunX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
Phoenix BABA
Extended BABA_24_5-USD
Binance BABAUSDT