Funding you earn now, next payment 08:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against SunX+0.009%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.009%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 117.23 | 0 | get 0.0000% / 8h | 1h 46m | $696 | $3.3M | 20x |
| Short | Binance BABAUSDT | 117.24 | 0.0147 | get 0.0147% / 8h | 1h 46m | $15.3M | $32.1M | 20x |
SunX BABA-USDT
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $30.8
- Price spread: +0.009% → +0.008%
- $0.01
- Slippage, 4 orders
- −$124.25
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$111.43
- Costs to cover
- 1.422%
- Break-even
- 32.3 days
Slippage from SunX: live order book, 12 min ago; Binance: live order book, 10 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 SunX live order book, 12 min ago | 22.93 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.43 bp | 7.0 bp −$7 | 22.4 bp −$224 | 79.6 bp −$7,965 | 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 | 117.42 | +0.166% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.25 | +0.017% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.25 | +0.017% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.23 | 0.000% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 117.23 | long leg | $696 | $3.3M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.34 | +0.094% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.34 | +0.094% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.23 | 0.000% | $435K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.186% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.23 | 0.000% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.25 | +0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.20 | −0.026% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.20 | −0.026% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.23 | 0.000% | $225K | $418K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 117.30 | +0.060% | $2K | $193K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.20 | −0.026% | $1.2M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0087% | 8h | 117.27 | +0.030% | $264K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.18 | −0.043% | $610K | $407K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.23 | 0.000% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 117.22 | −0.011% | $43K | $355K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0147% | 8h | 117.24 | +0.009% | $15.3M | $32.1M | 20x | |
| Phoenix BABA | +0.0204% | 1h | 117.32 | +0.077% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA