Funding you earn now, next payment 01:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.017%
Price spread now: Aster against QFEX−0.094%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.094% cheaper against QFEX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BABA-USD | 116.87 | 0.0072 | pay 0.0009% / 1h | 4m 52s | $1.2M | $5.0M | 10x |
| Short | Aster BABAUSDT | 116.76 | 0 | get 0.0000% / 8h | 7h 04m | $76K | $27K | 20x |
QFEX BABA-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$15.12
- Price spread: −0.094% → 0.000%
- −$9.38
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$42.5
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; Aster: no order-book sample. 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 QFEX live order book, 4 min ago | 2.57 bp | 7.6 bp −$8 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 116.76 | −0.094% | $76K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.96 | +0.077% | $2.2M | $580K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.94 | +0.060% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.98 | +0.094% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.78 | −0.081% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.87 | 0.000% | $829 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.82 | −0.043% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.01 | +0.120% | $387K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.87 | 0.000% | $422K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.881% | $11K | $26K | 12x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.84 | −0.026% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.85 | −0.017% | $12.2M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.81 | −0.051% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.81 | −0.051% | $234K | $355K | 10x | as long as short |
| QFEX BABA-USDlong | +0.0072% | 1h | 116.87 | long leg | $1.2M | $5.0M | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.81 | −0.051% | $606K | $540K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.84 | −0.026% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 116.80 | −0.057% | $302K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0199% | 8h | 116.97 | +0.085% | $15.4M | $22.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 116.91 | +0.037% | $47K | $365K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.81 | −0.051% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.77 | −0.086% | $73K | $102K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD