Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: Gate against tradeXYZ+0.068%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now +0.068%, 7d avg +0.118%
=Together, before fees−0.066%+ Points / potential airdroptradeXYZ: Active · farm board−$7 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 Gate is 0.050% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 118.28 | 0.0050 | pay 0.0006% / 1h | 10m 14s | $11.9M | $4.2M | 10x |
| Short | Gate BABA_USDT | 118.36 | 0 | get 0.0000% / 8h | 4h 10m | $1.5M | $1.9M | 50x |
tradeXYZ xyz:BABA
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.068% → +0.118%
- −$5.02
- Slippage, 4 orders
- −$20.23
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.75
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Gate: 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, 7 min ago | 1.27 bp | 11.5 bp −$12 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.96 bp | 14.5 bp −$15 | 101.8 bp −$1,018 | 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 | 118.41 | +0.112% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.32 | +0.034% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 118.36 | +0.068% | $1.5M | $1.9M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.39 | +0.093% | $770 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.43 | +0.127% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0020% | 8h | 118.44 | +0.135% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.40 | +0.101% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.35 | +0.059% | $436K | $506K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.063% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.32 | +0.034% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
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 | 118.43 | +0.127% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 118.28 | long leg | $11.9M | $4.2M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.31 | +0.025% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.19 | −0.076% | $238K | $407K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.37 | +0.076% | $1.2M | $4.1M | 10x | as long as short |
| Variational Omni BABA | +0.0069% | 8h | 118.35 | +0.062% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.32 | +0.034% | $616K | $478K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.36 | +0.068% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0140% | 8h | 118.40 | +0.097% | $15.6M | $30.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.34 | +0.053% | $44K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.30 | +0.017% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0531% | 8h | 118.35 | +0.059% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT