Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX+0.059%46s7-day average −0.011% · 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—prices read too far apart to compare
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.059%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.069% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 119.27 | 0 | get 0.0000% / 8h | 5h 07m | $723 | $2.5M | 20x |
| Short | Bybit BABAUSDT | 119.34 | 0 | get 0.0000% / 8h | 5h 07m | $2.1M | $735K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.059% → −0.011%
- $6.94
- Slippage, 4 orders
- −$139.29
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.35
- Costs to cover
- 1.583%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 45.68 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.93 bp | 13.3 bp −$13 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
BABA on 22 exchanges
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 | 119.35 | +0.067% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 119.34 | +0.059% | $2.1M | $735K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 119.32 | +0.042% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.29 | +0.017% | $2.3M | $2.2M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.24 | −0.023% | $3K | $184K | 10x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 119.27 | long leg | $723 | $2.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.26 | −0.008% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.24 | −0.025% | $1.3M | $2.8M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.33 | +0.050% | $383K | $74K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.26 | −0.008% | $412K | $537K | 10x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.876% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.21 | −0.050% | $71K | $104K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.34 | +0.059% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.27 | 0.000% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.23 | −0.034% | $9K | $167K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.21 | −0.050% | $181K | $478K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.16 | −0.092% | $621K | $560K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.23 | −0.034% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0104% | 8h | 119.20 | −0.055% | $364K | $642K | — | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 119.25 | −0.018% | $25K | $329K | 10x | as long as short |
| Binance BABAUSDT | +0.0131% | 8h | 119.29 | +0.017% | $15.0M | $34.3M | 20x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.35 | +0.067% | $67K | $109K | 10x | as long as short |
SunX BABA-USDT
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA