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 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM117.270.0100pay 0.0100% / 8h6h 37m$611K$532K20x
ShortSunX BABA-USDT117.390get 0.0000% / 8h6h 37m$829$4.0M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 75 min ago14.18 bp77.2 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago46.18 bp64.9 bp −$65doesn't fitdoesn'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%8h117.29+0.016%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.36+0.077%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h117.40+0.111%$1.4M$1.5M50xas long as short
Bitget BABAUSDT0.0000%8h117.39+0.102%$2.5M$1.3M20xas long as short
SunX BABA-USDTshort0.0000%8h117.39+0.102%$829$4.0M20x
HTX BABA-USDT0.0000%8h117.33+0.051%$37K$2K20xas long as short
Lighter BABA+0.0032%1h117.41+0.119%$387K$44K10xas long as short
Lighter RH BABA+0.0032%1h117.270.000%$424K$497K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.219%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h117.41+0.119%$1.2M$4.6M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.16−0.094%$74K$101K10xas long as short
Vest BABA-USD-PERP+0.0046%1h117.30+0.026%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.24−0.026%$12.3M$3.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.31+0.034%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.16−0.094%$238K$370K10xas long as short
GRVT BABA_USDT_Perp+0.0064%8h117.12−0.132%$3K$230K10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h117.27long leg$611K$532K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.35+0.068%$1K$1K10xas long as short
Variational Omni BABA+0.0160%8h117.23−0.037%$303K$619Kas long as short
Phoenix BABA+0.0205%1h117.06−0.179%$66K$71K10xas long as short
Extended BABA_24_5-USD+0.0208%1h117.39+0.104%$43K$370K10xas long as short
Binance BABAUSDT+0.0213%8h117.31+0.034%$15.6M$23.2M20xas long as short