Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against KuCoin−0.017%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1881.878% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now −0.017%, 7d avg −0.011%
=Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$2 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 | 119.47 | 0.0100 | pay 0.0100% / 8h | 5h 00m | $622K | $503K | 20x |
| Short | tradeXYZ xyz:BABA | 119.45 | 0.0050 | get 0.0006% / 1h | 0m 27s | $12.0M | $4.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$10.5
- Price spread: −0.017% → −0.011%
- −$0.61
- Slippage, 4 orders
- −$157.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$198.86
- Costs to cover
- 1.878%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; tradeXYZ: live order book, 8 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, 23 min ago | 31.54 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.68 bp | 12.8 bp −$13 | 17.4 bp −$174 | 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 | 119.49 | +0.016% | $78K | $31K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.57 | +0.084% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.54 | +0.059% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.27 | −0.167% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.49 | +0.017% | $879 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.51 | +0.033% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.58 | +0.092% | $380K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.54 | +0.059% | $430K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.038% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.33 | −0.117% | $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 | 119.58 | +0.092% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 119.45 | −0.017% | $12.0M | $4.0M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.45 | −0.017% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.47 | 0.000% | $241K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.48 | +0.008% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0070% | 8h | 119.49 | +0.017% | $269K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 119.47 | long leg | $622K | $503K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.50 | +0.025% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 119.44 | −0.024% | $44K | $363K | 10x | as long as short |
| Binance BABAUSDT | +0.0137% | 8h | 119.52 | +0.042% | $15.7M | $29.6M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.34 | −0.109% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0977% | 8h | 119.52 | +0.042% | $2.5M | $1.7M | 20x | as long as short |
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT