Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.034%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2932.930% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.145%−$15 · spread now −0.034%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.050% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 117.04 | 0 | get 0.0000% / 8h | 1h 39m | $877 | $3.3M | 20x |
| Short | KuCoin BABAUSDTM | 117.00 | 0.0100 | get 0.0100% / 8h | 1h 39m | $609K | $403K | 20x |
SunX BABA-USDT
KuCoin BABAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.034% → −0.084%
- $4.97
- Slippage, 4 orders
- −$273.03
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$267.06
- Costs to cover
- 2.930%
- Break-even
- 96.0 days
Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 5 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, 9 min ago | 45.61 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 22.22 bp | 67.9 bp −$68 | doesn't fit | doesn't fit | 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 | 117.35 | +0.263% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.09 | +0.043% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.04 | 0.000% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.02 | −0.017% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 117.04 | long leg | $877 | $3.3M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.04 | 0.000% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.10 | +0.051% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.03 | −0.009% | $434K | $510K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0033% | 8h | 116.99 | −0.044% | $3K | $194K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.025% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
GRVT BABA_USDT_Perp
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.03 | −0.009% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.02 | −0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.95 | −0.077% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.96 | −0.068% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.85 | −0.162% | $224K | $417K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.02 | −0.017% | $1.2M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0065% | 8h | 116.98 | −0.047% | $263K | $658K | — | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 117.00 | −0.034% | $609K | $403K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.00 | −0.034% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0133% | 8h | 117.07 | +0.026% | $15.3M | $32.2M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 117.04 | +0.001% | $43K | $338K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.99 | −0.043% | $66K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA