Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against SunX−3.467%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 3.467% cheaper against SunX than usual: you would sell low and buy high (spread −3.467% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$347 on $10k: about 12 months of funding at the current rate (+$1 a day). The two prices were read 61 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 | 120.00 | 0 | get 0.0000% / 8h | 5h 30m | $751 | $3.5M | 20x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 30m 00s | $11K | $26K | 12x |
SunX BABA-USDT
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: −3.467% → 0.000%
- −$346.67
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$347.69
- Costs to cover
- 0.080%
- Break-even
- 354.7 days
Slippage unknown: SunX: live order book, 8 min ago; Injective: 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 SunX live order book, 8 min ago | 24.74 bp | 83.5 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 BABAUSDT | 0.0000% | 8h | 120.14 | +0.116% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 120.19 | +0.158% | $2.2M | $631K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 120.18 | +0.150% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.65 | −0.295% | $3K | $219K | 10x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 120.00 | long leg | $751 | $3.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.74 | −0.217% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 120.12 | +0.100% | $382K | $70K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 120.10 | +0.083% | $433K | $498K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −3.467% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 119.67 | −0.275% | $73K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
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 | 120.14 | +0.117% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 120.02 | +0.017% | $12.2M | $3.8M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 120.07 | +0.058% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.77 | −0.192% | $243K | $388K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 120.12 | +0.100% | $1.2M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 120.03 | +0.025% | $625K | $513K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 120.20 | +0.167% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0101% | 8h | 119.88 | −0.104% | $270K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 120.01 | +0.005% | $44K | $368K | 10x | as long as short |
| Binance BABAUSDT | +0.0162% | 8h | 120.07 | +0.060% | $16.1M | $26.3M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.43 | −0.475% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0758% | 8h | 120.09 | +0.075% | $2.5M | $1.4M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT