Funding you earn now, next payment 23:00 UTC−0.0434%/8h= −47.5% APRpaid last 24h −0.073%
Price spread now: Binance against Arcus+0.015%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 116.16 | 0.0462 | pay 0.0058% / 1h | 6m 06s | $79K | $93K | 10x |
| Short | Binance BABAUSDT | 116.18 | 0.0028 | get 0.0028% / 8h | 1h 06m | $15.4M | $21.1M | 20x |
Arcus BABA-USD
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$91.06
- Price spread: +0.015% → 0.000%
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.04
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 5 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.43 bp | 8.0 bp −$8 | 19.4 bp −$194 | 108.4 bp −$10.8K | doesn't fit |
Arcus: 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 | 116.05 | −0.096% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.14 | −0.017% | $2.2M | $603K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.17 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.17 | +0.009% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.14 | −0.013% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.15 | −0.011% | $3K | $254K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.15 | −0.009% | $869 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.19 | +0.026% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0024% | 1h | 116.15 | −0.006% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0028% | 8h | 116.18 | +0.015% | $15.4M | $21.1M | 20x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Extended BABA_24_5-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.27 | +0.095% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.17 | +0.009% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.275% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.14 | −0.017% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | −0.017% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.06 | −0.086% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.92 | −0.207% | $250K | $336K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0064% | 1h | 116.13 | −0.026% | $12.1M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.08 | −0.069% | $603K | $622K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.16 | 0.000% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.21 | +0.043% | $65K | $129K | 10x | as long as short |
| Arcus BABA-USDlong | +0.0462% | 1h | 116.16 | long leg | $79K | $93K | 10x |
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA