Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.042%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 0.042% dearer against Orderly than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 119.53 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $2K | $798 | 10x |
| Short | HTX BABA-USDT | 119.58 | 0 | get 0.0000% / 8h | 6h 09m | $30K | $19K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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: +0.042% → 0.000%
- $4.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$34.82
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Orderly and 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 exchanges
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 | 119.40 | −0.106% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.39 | −0.117% | $2.2M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.46 | −0.059% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.40 | −0.109% | $2.3M | $2.1M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.60 | +0.059% | $695 | $2.6M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 119.58 | +0.042% | $30K | $19K | 20x | |
| Lighter BABA | +0.0032% | 1h | 119.49 | −0.033% | $382K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.33 | −0.167% | $434K | $517K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.087% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.67 | +0.117% | — | $19K | 10x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.31 | −0.184% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.55 | +0.017% | $8K | $182K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.33 | −0.167% | $221K | $440K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 119.57 | +0.033% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.41 | −0.100% | $622K | $498K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 119.53 | long leg | $2K | $798 | 10x | |
| Variational Omni BABA | +0.0234% | 8h | 119.39 | −0.115% | $364K | $662K | — | as long as short |
| Phoenix BABA | +0.0271% | 1h | 119.33 | −0.167% | $67K | $88K | 10x | as long as short |
| Binance BABAUSDT | +0.0274% | 8h | 119.42 | −0.094% | $15.2M | $33.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0280% | 1h | 119.42 | −0.093% | $46K | $314K | 10x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 119.49 | −0.033% | $71K | $135K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0341% | 8h | 119.50 | −0.027% | $3K | $181K | 10x | as long as short |
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD
GRVT BABA_USDT_Perp