BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against Polymarket Perps+0.075%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1421.424% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.159%−$16 on $10k

Price spread, last 4 days (all we have)+0.225%+$22 · spread now +0.075%, 7d avg +0.073%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.073%, 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	119.40	0.0050	pay 0.0006% / 1h	0m 30s	$10K	$264K	10x
Short	SunX BABA-USDT	119.49	0	get 0.0000% / 8h	5h 00m	$879	$3.6M	20x

Funding history

latest

Range statsloading…

SunX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee SunXbpOrdersPrice spread, now +0.075%Rate

Slippage from Polymarket Perps: live order book, 62 min ago; SunX: live order book, 7 min ago.

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, 62 min ago	3.38 bp	7.4 bp −$7	7.4 bp −$74	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	22.66 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit

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	119.53	+0.110%	$78K	$31K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	119.57	+0.142%	$2.2M	$645K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	119.59	+0.159%	$1.5M	$1.8M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	119.27	−0.109%	$3K	$217K	10x	as long as short
SunX BABA-USDTshort	0.0000%	8h	119.49	+0.075%	$879	$3.6M	20x
HTX BABA-USDT	0.0000%	8h	119.51	+0.092%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	119.58	+0.151%	$380K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	119.54	+0.117%	$430K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.982%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	119.33	−0.059%	$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	119.46	+0.050%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	119.51	+0.092%	$12.0M	$4.0M	10x	as long as short
Polymarket Perps BABA-USDlong	+0.0050%	1h	119.40	long leg	$10K	$264K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	119.47	+0.059%	$241K	$404K	10x	as long as short
QFEX BABA-USD	+0.0061%	1h	119.48	+0.067%	$1.2M	$4.4M	10x	as long as short
Variational Omni BABA	+0.0070%	8h	119.49	+0.076%	$269K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	119.54	+0.117%	$622K	$503K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	119.42	+0.017%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0136%	1h	119.44	+0.035%	$44K	$363K	10x	as long as short
Binance BABAUSDT	+0.0137%	8h	119.51	+0.092%	$15.7M	$29.6M	20x	as long as short
Phoenix BABA	+0.0203%	1h	119.34	−0.050%	$67K	$68K	10x	as long as short
Bitget BABAUSDT	+0.0977%	8h	119.52	+0.101%	$2.5M	$1.7M	20x	as long as short