Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.077%
Price spread now: Extended against Arcus+0.045%7-day average −0.011% · 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−$44as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 4 days (all we have)−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.045%, 7d avg −0.011%
=Together, before fees−0.188%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.056% dearer against Arcus than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 4 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 116.74 | 0.0040 | pay 0.0005% / 1h | 29m 32s | $71K | $110K | 10x |
| Short | Extended BABA_24_5-USD | 116.79 | 0.0128 | get 0.0016% / 1h | 29m 32s | $43K | $304K | 10x |
Arcus BABA-USD
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $18.42
- Price spread: +0.045% → −0.011%
- $5.57
- Slippage, 4 orders
- −$39.85
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.36
- Costs to cover
- 0.494%
- Break-even
- 16.6 days
Slippage from Arcus: live order book, 4 min ago; Extended: live order book, 13 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, 4 min ago | 5.56 bp | 13.3 bp −$13 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Extended live order book, 13 min ago | 3.42 bp | 12.9 bp −$13 | 96.6 bp −$966 | 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 | 116.96 | +0.189% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.80 | +0.051% | $2.1M | $734K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.77 | +0.026% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.78 | +0.034% | $2.3M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.72 | −0.017% | $944 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.08 | +0.291% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0029% | 8h | 116.70 | −0.034% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.83 | +0.077% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.77 | +0.026% | $433K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.771% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
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 | 116.74 | long leg | $71K | $110K | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.74 | 0.000% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.67 | −0.060% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.72 | −0.017% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.68 | −0.051% | $227K | $420K | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 116.66 | −0.065% | $362K | $752K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.78 | +0.034% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.73 | −0.009% | $607K | $395K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.70 | −0.034% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDshort | +0.0128% | 1h | 116.79 | +0.045% | $43K | $304K | 10x | |
| Binance BABAUSDT | +0.0129% | 8h | 116.79 | +0.043% | $15.1M | $32.5M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.69 | −0.043% | $65K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
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
Phoenix BABA