Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h 0.000%
Price spread now: Bitget against tradeXYZ+0.008%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now +0.008%, 7d avg +0.122%
=Together, before fees−0.079%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.113% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.122%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 119.48 | 0.0050 | pay 0.0006% / 1h | 43m 35s | $12.0M | $4.9M | 10x |
| Short | Bitget BABAUSDT | 119.49 | 0 | get 0.0000% / 8h | 5h 43m | $2.3M | $2.2M | 20x |
tradeXYZ xyz:BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$10.5
- Price spread: +0.008% → +0.122%
- −$11.32
- Slippage, 4 orders
- −$18.6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.42
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Bitget: 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 tradeXYZ live order book, 8 min ago | 0.83 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.09 bp | 12.8 bp −$13 | 43.5 bp −$435 | 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 | 119.54 | +0.054% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.52 | +0.033% | $2.2M | $708K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.53 | +0.042% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 119.49 | +0.008% | $2.3M | $2.2M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 119.58 | +0.084% | $664 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.87 | +0.326% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.48 | 0.000% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.62 | +0.117% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.49 | +0.008% | $435K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.047% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.43 | −0.042% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.74 | +0.218% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 119.48 | long leg | $12.0M | $4.9M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.57 | +0.075% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.41 | −0.059% | $212K | $445K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.54 | +0.050% | $623K | $525K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.58 | +0.084% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0197% | 8h | 119.65 | +0.143% | $3K | $182K | 10x | as long as short |
| Variational Omni BABA | +0.0207% | 8h | 119.54 | +0.050% | $374K | $672K | — | as long as short |
| Binance BABAUSDT | +0.0243% | 8h | 119.50 | +0.017% | $15.1M | $33.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0248% | 1h | 119.48 | 0.000% | $44K | $315K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.69 | +0.176% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_Perp
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA