Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h +0.127%
Price spread now: Arcus against Vest−0.051%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.051% cheaper against Vest than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 118.63 | 0.0046 | pay 0.0006% / 1h | 36m 33s | — | $19K | 10x |
| Short | Arcus BABA-USD | 118.57 | 0.0040 | get 0.0005% / 1h | 36m 33s | $72K | $109K | 10x |
Vest BABA-USD-PERP
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Vest. 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
- −$1.13
- Price spread: −0.051% → 0.000%
- −$5.06
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$12.69
- Costs to cover
- 0.065%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Arcus: live order book, 12 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 12 min ago | 4.63 bp | 10.7 bp −$11 | 13.1 bp −$131 | doesn't fit | doesn't fit |
Vest: 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 | 118.75 | +0.098% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.70 | +0.059% | $2.2M | $647K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.61 | −0.017% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.64 | +0.011% | $3K | $216K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.64 | +0.008% | $954 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.80 | +0.143% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.64 | +0.008% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.57 | −0.051% | $428K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.352% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDshort | +0.0040% | 1h | 118.57 | −0.051% | $72K | $109K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
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-PERPlong | +0.0046% | 1h | 118.63 | long leg | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.50 | −0.110% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.56 | −0.059% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.41 | −0.185% | $241K | $404K | 10x | as long as short |
| Variational Omni BABA | +0.0060% | 8h | 118.65 | +0.015% | $267K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.61 | −0.017% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.50 | −0.110% | $617K | $492K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.64 | +0.008% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0144% | 8h | 118.63 | 0.000% | $15.7M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.59 | −0.033% | $43K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.63 | 0.000% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0831% | 8h | 118.61 | −0.017% | $2.4M | $1.7M | 20x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT