Funding you earn now, next payment 09:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h −0.010%
Price spread now: tradeXYZ against Orderly−0.085%7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.085% cheaper against Orderly than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 117.21 | 0.0100 | pay 0.0100% / 8h | 7h 59m | $2K | $798 | 10x |
| Short | tradeXYZ xyz:BABA | 117.11 | 0.0107 | get 0.0013% / 1h | 59m 13s | $11.8M | $4.5M | 10x |
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $1.42
- Price spread: −0.085% → 0.000%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.11
- Costs to cover
- 0.240%
- Break-even
- 159.8 days
Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 tradeXYZ live order book, 10 min ago | 0.86 bp | 12.9 bp −$13 | 16.6 bp −$166 | doesn't fit | doesn't fit |
Orderly: 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 | 117.06 | −0.131% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.22 | +0.009% | $2.1M | $713K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | −0.017% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.22 | +0.009% | $2.3M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.20 | −0.009% | $788 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.22 | +0.009% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.25 | +0.034% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.17 | −0.034% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.169% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.12 | −0.077% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0044% | 1h | 117.17 | −0.034% | $1.2M | $2.9M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.10 | −0.094% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.11 | −0.085% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.07 | −0.119% | $231K | $422K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0067% | 8h | 117.19 | −0.018% | $3K | $187K | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 117.17 | −0.035% | $337K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.13 | −0.068% | $609K | $396K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 117.21 | long leg | $2K | $798 | 10x | |
| tradeXYZ xyz:BABAshort | +0.0107% | 1h | 117.11 | −0.085% | $11.8M | $4.5M | 10x | |
| Binance BABAUSDT | +0.0160% | 8h | 117.17 | −0.034% | $15.3M | $31.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 117.14 | −0.058% | $43K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.11 | −0.085% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA