BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.017%

Price spread now: Bybit against QFEX+0.051%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$480.481% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 7 days+0.015%+$2 · spread now +0.051%, 7d avg +0.066%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BABA-USD	116.72	0.0044	pay 0.0005% / 1h	35m 18s	$1.3M	$3.0M	10x
Short	Bybit BABAUSDT	116.78	0	get 0.0000% / 8h	35m 18s	$2.1M	$718K	25x

Funding history

latest

Range statsloading…

Bybit against QFEX. 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 QFEXbpFee BybitbpOrdersPrice spread, now +0.051%Rate

Slippage from QFEX: live order book, 3 min ago; Bybit: live order book, 1 min ago.

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	1.71 bp	8.2 bp −$8	12.4 bp −$124	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.85 bp	14.6 bp −$15	99.3 bp −$993	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	116.66	−0.049%	$68K	$37K	20x	as long as short
Bybit BABAUSDTshort	0.0000%	8h	116.78	+0.051%	$2.1M	$718K	25x
Gate BABA_USDT	0.0000%	8h	116.75	+0.026%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.74	+0.017%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.74	+0.017%	$887	$3.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.88	+0.137%	$30K	$19K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0013%	8h	116.71	−0.009%	$2K	$190K	10x	as long as short
Lighter BABA	+0.0032%	1h	116.78	+0.051%	$372K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.71	−0.009%	$434K	$503K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.754%	$11K	$26K	12x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BABA	+0.0040%	8h	116.74	+0.015%	$336K	$779K	—	as long as short
Arcus BABA-USD	+0.0040%	1h	116.62	−0.086%	$70K	$140K	10x	as long as short
QFEX BABA-USDlong	+0.0044%	1h	116.72	long leg	$1.3M	$3.0M	10x
Vest BABA-USD-PERP	+0.0046%	1h	116.66	−0.051%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.64	−0.069%	$8K	$286K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.64	−0.069%	$229K	$427K	10x	as long as short
tradeXYZ xyz:BABA	+0.0055%	1h	116.64	−0.069%	$11.7M	$4.4M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.64	−0.069%	$606K	$382K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.72	0.000%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0104%	1h	116.71	−0.010%	$47K	$312K	10x	as long as short
Binance BABAUSDT	+0.0105%	8h	116.74	+0.017%	$15.1M	$32.3M	20x	as long as short
Phoenix BABA	+0.0205%	1h	116.69	−0.026%	$65K	$89K	10x	as long as short