Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.123%
Price spread now: Arcus against QFEX−0.068%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 4 days (all we have)+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.068%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.068% cheaper against QFEX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BABA-USD | 117.13 | 0.0044 | pay 0.0005% / 1h | 5m 20s | $1.2M | $2.9M | 10x |
| Short | Arcus BABA-USD | 117.05 | 0.0040 | get 0.0005% / 1h | 5m 20s | $70K | $140K | 10x |
QFEX BABA-USD
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against QFEX. 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
- −$0.78
- Price spread: −0.068% → 0.000%
- −$6.85
- Slippage, 4 orders
- −$25.06
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$47.19
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Arcus: live order book, 24 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 QFEX live order book, 3 min ago | 1.28 bp | 7.2 bp −$7 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 24 min ago | 1.71 bp | 8.6 bp −$9 | 10.9 bp −$109 | 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 | 117.02 | −0.096% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.15 | +0.017% | $2.1M | $716K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.17 | +0.034% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.15 | +0.017% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.15 | +0.017% | $720 | $3.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.19 | +0.051% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.16 | +0.026% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.10 | −0.026% | $435K | $504K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.101% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDshort | +0.0040% | 1h | 117.05 | −0.068% | $70K | $140K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USDlong | +0.0044% | 1h | 117.13 | long leg | $1.2M | $2.9M | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.05 | −0.068% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.08 | −0.043% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.00 | −0.111% | $231K | $427K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0054% | 8h | 117.19 | +0.051% | $3K | $188K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0079% | 1h | 117.04 | −0.077% | $11.8M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0086% | 8h | 117.17 | +0.033% | $338K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.01 | −0.102% | $608K | $391K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.18 | +0.043% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 117.13 | +0.001% | $47K | $307K | 10x | as long as short |
| Binance BABAUSDT | +0.0147% | 8h | 117.15 | +0.017% | $15.3M | $32.1M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.060% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA