Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%
Price spread now: Bitget against Polymarket Perps+0.095%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.095%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, 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 | Polymarket Perps BABA-USD | 116.06 | 0.0050 | pay 0.0006% / 1h | 6m 29s | $10K | $263K | 10x |
| Short | Bitget BABAUSDT | 116.17 | 0 | get 0.0000% / 8h | 1h 06m | $2.5M | $1.3M | 20x |
Polymarket Perps BABA-USD
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Polymarket Perps. 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: +0.095% → +0.104%
- −$0.9
- Slippage, 4 orders
- −$28.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.5
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 10 min ago; Bitget: live order book, 6 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 Polymarket Perps live order book, 10 min ago | 3.45 bp | 8.2 bp −$8 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 2.15 bp | 16.4 bp −$16 | 37.1 bp −$371 | 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 | 116.05 | −0.012% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.14 | +0.069% | $2.2M | $608K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.17 | +0.095% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 116.17 | +0.095% | $2.5M | $1.3M | 20x | |
| Variational Omni BABA | 0.0000% | 8h | 116.14 | +0.073% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.15 | +0.075% | $3K | $254K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.15 | +0.078% | $869 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.19 | +0.112% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0024% | 1h | 116.15 | +0.076% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0028% | 8h | 116.17 | +0.099% | $15.4M | $21.1M | 20x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Extended BABA_24_5-USD
Binance BABAUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.27 | +0.181% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.17 | +0.095% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.190% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.14 | +0.069% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | +0.069% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 116.06 | long leg | $10K | $263K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.92 | −0.121% | $250K | $336K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0064% | 1h | 116.13 | +0.060% | $12.1M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.06 | 0.000% | $603K | $622K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.15 | +0.078% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.21 | +0.129% | $65K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 116.16 | +0.086% | $79K | $93K | 10x | as long as short |
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD