Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.141%
Price spread now: Aster against Arcus−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.024% cheaper against Arcus than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 117.06 | 0.0040 | pay 0.0005% / 1h | 20m 29s | $70K | $140K | 10x |
| Short | Aster BABAUSDT | 117.03 | 0 | get 0.0000% / 8h | 20m 29s | $68K | $37K | 20x |
Arcus BABA-USD
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. 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
- −$8.46
- Price spread: −0.024% → 0.000%
- −$2.35
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.31
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 8 min ago; Aster: 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 Arcus live order book, 8 min ago | 1.71 bp | 16.9 bp −$17 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 117.03 | −0.024% | $68K | $37K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.17 | +0.094% | $2.1M | $719K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.111% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.19 | +0.111% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.21 | +0.128% | $941 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.26 | +0.171% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0019% | 8h | 117.11 | +0.043% | $3K | $188K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.19 | +0.111% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.14 | +0.068% | $436K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.042% | $11K | $26K | 12x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USDlong | +0.0040% | 1h | 117.06 | long leg | $70K | $140K | 10x | |
| QFEX BABA-USD | +0.0044% | 1h | 117.14 | +0.068% | $1.2M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.06 | 0.000% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.09 | +0.026% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.01 | −0.043% | $231K | $428K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 117.19 | +0.115% | $338K | $779K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0059% | 1h | 117.08 | +0.017% | $11.8M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.04 | −0.017% | $609K | $385K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.16 | +0.085% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0111% | 8h | 117.19 | +0.111% | $15.2M | $32.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 117.19 | +0.107% | $47K | $309K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | 0.000% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA