Funding you earn now, next payment 02:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.053%
Price spread now: Extended against Polymarket Perps−0.105%49s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.105%, 7d avg +0.041%
=Together, before fees+0.213%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.146% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.041%). If the spread goes back, that is −$15 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.011% in total) that is about 3 months. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BABA-USD | 116.81 | 0.0050 | pay 0.0006% / 1h | 16m 36s | $10K | $264K | 10x |
| Short | Extended BABA_24_5-USD | 116.69 | 0.0192 | get 0.0024% / 1h | 16m 36s | $43K | $366K | 10x |
Polymarket Perps BABA-USD
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $29.82
- Price spread: −0.105% → +0.041%
- −$14.6
- Slippage, 4 orders
- −$24.2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.98
- Costs to cover
- 0.372%
- Break-even
- 12.2 days
Slippage from Polymarket Perps: live order book, 51 min ago; Extended: live order book, 51 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, 51 min ago | 2.57 bp | 7.3 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 1.71 bp | 11.2 bp −$11 | 162.0 bp −$1,620 | 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 | 116.97 | +0.137% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.74 | −0.060% | $2.1M | $556K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.76 | −0.043% | $1.5M | $1.6M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.87 | +0.051% | $731 | $3.8M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.22 | +0.351% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0003% | 8h | 117.21 | +0.345% | $3K | $224K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.74 | −0.060% | $384K | $45K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.83 | +0.017% | $423K | $499K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.830% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.72 | −0.077% | $1.2M | $4.5M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.94 | +0.111% | $74K | $100K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.85 | +0.034% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.78 | −0.026% | $12.1M | $3.5M | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 116.81 | long leg | $10K | $264K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.60 | −0.180% | $239K | $366K | 10x | as long as short |
| Bitget BABAUSDT | +0.0078% | 8h | 116.85 | +0.034% | $2.5M | $1.3M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.76 | −0.043% | $608K | $529K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.88 | +0.060% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0138% | 8h | 117.23 | +0.362% | $264K | $658K | — | as long as short |
| Extended BABA_24_5-USDshort | +0.0192% | 1h | 116.69 | −0.105% | $43K | $366K | 10x | |
| Binance BABAUSDT | +0.0194% | 8h | 116.76 | −0.040% | $15.6M | $23.5M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.83 | +0.017% | $65K | $71K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Ondo Perps BABA-USD.P
Bitget BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA