Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%
Price spread now: Orderly against tradeXYZ+0.017%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 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 | 117.01 | 0.0050 | pay 0.0006% / 1h | 0m 07s | $12.3M | $3.4M | 10x |
| Short | Orderly PERP_BABA_USDC_mythos | 117.03 | 0.0100 | get 0.0100% / 8h | 7h 00m | $1K | $1K | 10x |
tradeXYZ xyz:BABA
Orderly PERP_BABA_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.017% → 0.000%
- $1.71
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.79
- Costs to cover
- 0.240%
- Break-even
- 14.9 days
Slippage unknown: tradeXYZ: live order book, 9 min ago; Orderly: 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, 9 min ago | 0.86 bp | 11.7 bp −$12 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 116.95 | −0.048% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.10 | +0.077% | $2.2M | $597K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.02 | +0.009% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.06 | +0.043% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | −0.085% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.03 | +0.017% | $730 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.87 | −0.120% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.14 | +0.111% | $386K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.00 | −0.009% | $423K | $516K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.000% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.03 | +0.017% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 117.01 | long leg | $12.3M | $3.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.90 | −0.094% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.40 | +0.333% | $238K | $359K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 117.01 | 0.000% | $1.2M | $4.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.02 | +0.009% | $608K | $538K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 117.03 | +0.017% | $1K | $1K | 10x | |
| Variational Omni BABA | +0.0155% | 8h | 117.28 | +0.230% | $303K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.03 | +0.018% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0211% | 8h | 117.07 | +0.051% | $15.5M | $22.9M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.94 | −0.060% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 117.06 | +0.043% | $74K | $102K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD