Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h −0.111%
Price spread now: KuCoin against Arcus−0.034%59s7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1381.377% of the position
Funding, last 4 days (all we have)−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.034%, 7d avg −0.066%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.032% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.066%. Mind the row above: over the last 4 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour. The two prices were read 59 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 | Arcus BABA-USD | 118.23 | 0.0040 | pay 0.0005% / 1h | 43m 44s | $72K | $109K | 10x |
| Short | KuCoin BABAUSDTM | 118.19 | 0.0100 | get 0.0100% / 8h | 3h 43m | $616K | $459K | 20x |
Arcus BABA-USD
KuCoin BABAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $12.54
- Price spread: −0.034% → −0.066%
- $3.2
- Slippage, 4 orders
- −$121.15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$121.91
- Costs to cover
- 1.377%
- Break-even
- 75.0 days
Slippage from Arcus: live order book, 65 min ago; KuCoin: live order book, 30 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, 65 min ago | 4.63 bp | 12.2 bp −$12 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 19.45 bp | 42.4 bp −$42 | 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 | 118.28 | +0.041% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.39 | +0.135% | $2.1M | $704K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.45 | +0.186% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.13 | −0.087% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.46 | +0.195% | $479 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.22 | −0.008% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.50 | +0.228% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.43 | +0.169% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.021% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDlong | +0.0040% | 1h | 118.23 | long leg | $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-PERP | +0.0046% | 1h | 118.38 | +0.127% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.36 | +0.110% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.34 | +0.093% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.21 | −0.017% | $238K | $406K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 118.32 | +0.080% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.40 | +0.144% | $1.2M | $4.0M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 118.19 | −0.034% | $616K | $459K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.39 | +0.135% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.41 | +0.150% | $43K | $358K | 10x | as long as short |
| Binance BABAUSDT | +0.0136% | 8h | 118.44 | +0.178% | $15.6M | $30.6M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.08 | −0.127% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0345% | 8h | 118.40 | +0.144% | $2.4M | $1.7M | 20x | 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
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT