Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.121%
Price spread now: Bitget against Arcus+0.017%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 4 days (all we have)−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.017%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.030% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 117.43 | 0.0040 | pay 0.0005% / 1h | 56m 07s | $71K | $110K | 10x |
| Short | Bitget BABAUSDT | 117.45 | 0 | get 0.0000% / 8h | 1h 56m | $2.4M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.017% → +0.047%
- −$3.04
- Slippage, 4 orders
- −$33.55
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.55
- Costs to cover
- 0.501%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 43 min ago; Bitget: live order book, 1 min ago.
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, 43 min ago | 4.23 bp | 14.4 bp −$14 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.13 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | 117.53 | +0.087% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.41 | −0.017% | $2.1M | $730K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.48 | +0.043% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 117.45 | +0.017% | $2.4M | $1.8M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.49 | +0.051% | $819 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.54 | +0.094% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.51 | +0.068% | $374K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.42 | −0.009% | $436K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.354% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDlong | +0.0040% | 1h | 117.43 | long leg | $71K | $110K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.47 | +0.034% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.40 | −0.026% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.37 | −0.051% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.43 | 0.000% | $238K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.47 | +0.034% | $1.2M | $3.1M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0073% | 8h | 117.41 | −0.017% | $3K | $194K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.36 | −0.060% | $611K | $413K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.42 | −0.009% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0100% | 8h | 117.47 | +0.033% | $264K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 117.43 | −0.003% | $44K | $352K | 10x | as long as short |
| Binance BABAUSDT | +0.0161% | 8h | 117.46 | +0.024% | $15.5M | $31.7M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.47 | +0.034% | $66K | $89K | 10x | as long as short |
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA