Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%
Price spread now: SunX against tradeXYZ+0.111%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.187%−$19 on $10k
Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.111%, 7d avg +0.097%
Together, before fees−0.188%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BABA116.860.0050pay 0.0006% / 1h13m 05s$12.0M$3.5M10x
ShortSunX BABA-USDT116.990get 0.0000% / 8h6h 13m$862$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.111% → +0.097%
$1.45
Slippage, 4 orders
−$125.43
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$160.48
Costs to cover
1.514%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; SunX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 6 min ago2.14 bp11.1 bp −$1117.3 bp −$173doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago45.78 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.96+0.085%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.05+0.163%$2.2M$556K25xas long as short
Gate BABA_USDT0.0000%8h116.97+0.094%$1.5M$1.6M50xas long as short
SunX BABA-USDTshort0.0000%8h116.99+0.111%$862$3.7M20x
HTX BABA-USDT0.0000%8h117.00+0.120%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0011%8h116.99+0.112%$3K$224K10xas long as short
Lighter BABA+0.0032%1h117.03+0.145%$385K$45K10xas long as short
Lighter RH BABA+0.0032%1h116.90+0.034%$423K$499K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.873%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.98+0.103%$1.2M$4.5M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.87+0.009%$73K$100K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.95+0.077%$18K10xas long as short
tradeXYZ xyz:BABAlong+0.0050%1h116.86long leg$12.0M$3.5M10x
Polymarket Perps BABA-USD+0.0050%1h116.90+0.034%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.87+0.009%$239K$366K10xas long as short
Bitget BABAUSDT+0.0052%8h117.11+0.214%$2.5M$1.3M20xas long as short
KuCoin BABAUSDTM+0.0100%8h116.91+0.043%$609K$528K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.95+0.077%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.72−0.117%$263K$658Kas long as short
Extended BABA_24_5-USD+0.0192%1h117.09+0.197%$43K$365K10xas long as short
Binance BABAUSDT+0.0194%8h117.04+0.154%$15.7M$23.5M20xas long as short
Phoenix BABA+0.0205%1h116.94+0.068%$65K$71K10xas long as short