Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.022%
Price spread now: HTX against tradeXYZ+0.210%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. HTX is 0.210% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.210% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 118.94 | 0.0050 | pay 0.0006% / 1h | 23m 20s | $12.0M | $3.9M | 10x |
| Short | HTX BABA-USDT | 119.19 | 0 | get 0.0000% / 8h | 5h 23m | $30K | $18K | 20x |
tradeXYZ xyz:BABA
HTX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.210% → 0.000%
- $21.02
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.48
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; HTX: 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 tradeXYZ live order book, 4 min ago | 1.68 bp | 11.4 bp −$11 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | 119.15 | +0.175% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.04 | +0.084% | $2.2M | $632K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.07 | +0.109% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.39 | +0.377% | $3K | $218K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.01 | +0.059% | $657 | $3.6M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 119.19 | +0.210% | $30K | $18K | 20x | |
| Lighter BABA | +0.0032% | 1h | 119.12 | +0.151% | $380K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.98 | +0.034% | $428K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.606% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.21 | +0.227% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
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 | 119.10 | +0.135% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 118.94 | long leg | $12.0M | $3.9M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.94 | 0.000% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.91 | −0.025% | $238K | $395K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.02 | +0.067% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0092% | 8h | 119.27 | +0.274% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.09 | +0.126% | $620K | $512K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.01 | +0.059% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0143% | 8h | 119.09 | +0.126% | $15.6M | $28.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.98 | +0.030% | $44K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.10 | +0.135% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0927% | 8h | 118.99 | +0.042% | $2.5M | $1.6M | 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