BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against tradeXYZ+0.082%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$500.498% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.082%, 7d avg +0.064%

Together, before fees−0.103%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BABA	118.23	0.0050	pay 0.0006% / 1h	34m 36s	$11.9M	$4.1M	10x
Short	Extended BABA_24_5-USD	118.33	0.0144	get 0.0018% / 1h	34m 36s	$43K	$360K	10x

Funding history

latest

Range statsloading…

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.082%Rate

Slippage from tradeXYZ: live order book, 4 min ago; Extended: live order book, 23 min ago.

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, 4 min ago	0.84 bp	12.6 bp −$13	16.9 bp −$169	doesn't fit	doesn't fit
Sell Extended live order book, 23 min ago	3.35 bp	12.5 bp −$13	89.2 bp −$892	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	118.54	+0.261%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.39	+0.135%	$2.2M	$646K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.35	+0.101%	$1.5M	$1.9M	50x	as long as short
SunX BABA-USDT	0.0000%	8h	118.56	+0.279%	$972	$3.5M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.80	+0.482%	$30K	$18K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0005%	8h	118.61	+0.317%	$3K	$216K	10x	as long as short
Lighter BABA	+0.0032%	1h	118.39	+0.135%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.32	+0.076%	$427K	$496K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.021%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.47	+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	118.48	+0.211%	—	$19K	10x	as long as short
tradeXYZ xyz:BABAlong	+0.0050%	1h	118.23	long leg	$11.9M	$4.1M	10x
Polymarket Perps BABA-USD	+0.0050%	1h	118.37	+0.118%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.38	+0.127%	$241K	$404K	10x	as long as short
QFEX BABA-USD	+0.0068%	1h	118.34	+0.093%	$1.2M	$4.3M	10x	as long as short
Variational Omni BABA	+0.0070%	8h	118.56	+0.283%	$267K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.29	+0.051%	$616K	$493K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.43	+0.169%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0142%	8h	118.35	+0.100%	$15.6M	$30.1M	20x	as long as short
Extended BABA_24_5-USDshort	+0.0144%	1h	118.33	+0.082%	$43K	$360K	10x
Phoenix BABA	+0.0201%	1h	118.63	+0.338%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0800%	8h	118.37	+0.118%	$2.4M	$1.7M	20x	as long as short