BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.066%

Price spread now: Extended against SunX−0.024%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1521.523% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 4 days (all we have)−0.096%−$10 · spread now −0.024%, 7d avg −0.029%

Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.029%, 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	118.42	0	get 0.0000% / 8h	3h 44m	$618	$3.4M	20x
Short	Extended BABA_24_5-USD	118.39	0.0128	get 0.0016% / 1h	44m 51s	$43K	$358K	10x

Funding history

latest

Range statsloading…

Extended against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee SunXbpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Slippage from SunX: live order book, 3 min ago; Extended: live order book, 8 min ago.

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	45.26 bp	63.5 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 8 min ago	2.96 bp	12.3 bp −$12	82.2 bp −$822	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	118.24	−0.148%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.43	+0.008%	$2.1M	$704K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.40	−0.017%	$1.5M	$1.9M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	118.13	−0.247%	$3K	$193K	10x	as long as short
SunX BABA-USDTlong	0.0000%	8h	118.42	long leg	$618	$3.4M	20x
HTX BABA-USDT	0.0000%	8h	118.22	−0.169%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.43	+0.008%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.40	−0.017%	$438K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.179%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.18	−0.203%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.30	−0.101%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.30	−0.101%	$12.0M	$4.2M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.30	−0.101%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.21	−0.177%	$238K	$406K	10x	as long as short
Variational Omni BABA	+0.0051%	8h	118.32	−0.081%	$266K	$658K	—	as long as short
QFEX BABA-USD	+0.0056%	1h	118.37	−0.042%	$1.2M	$4.0M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.22	−0.169%	$616K	$460K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.32	−0.084%	$2K	$798	10x	as long as short
Extended BABA_24_5-USDshort	+0.0128%	1h	118.39	−0.024%	$43K	$358K	10x
Binance BABAUSDT	+0.0131%	8h	118.43	+0.005%	$15.6M	$30.6M	20x	as long as short
Phoenix BABA	+0.0203%	1h	118.08	−0.287%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0348%	8h	118.38	−0.034%	$2.4M	$1.7M	20x	as long as short