Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Aster+0.082%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.082% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Aster BABAUSDT | 117.06 | 0 | get 0.0000% / 8h | 7h 26m | $68K | $41K | 20x |
| Short | Orderly PERP_BABA_USDC_mythos | 117.16 | 0.0100 | get 0.0100% / 8h | 7h 26m | $2K | $798 | 10x |
Aster BABAUSDT
Orderly PERP_BABA_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aster. 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
- $21
- Price spread: +0.082% → 0.000%
- $8.15
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $15.15
- Costs to cover
- 0.140%
- Break-even
- 1.9 days
Slippage unknown: Aster: no order-book sample; Orderly: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aster and Orderly: 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 BABAUSDTlong | 0.0000% | 8h | 117.06 | long leg | $68K | $41K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 117.14 | +0.064% | $2.1M | $725K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.107% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.18 | +0.099% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.17 | +0.090% | $769 | $2.8M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.21 | +0.124% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.23 | +0.141% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.19 | +0.107% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.046% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.11 | +0.039% | $70K | $136K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.17 | +0.090% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.11 | +0.039% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.98 | −0.072% | $231K | $416K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.21 | +0.124% | $1.2M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0094% | 1h | 117.11 | +0.039% | $12.0M | $4.6M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.06 | −0.004% | $611K | $418K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 117.16 | +0.082% | $2K | $798 | 10x | |
| Variational Omni BABA | +0.0151% | 8h | 117.20 | +0.116% | $337K | $722K | — | as long as short |
| Binance BABAUSDT | +0.0190% | 8h | 117.20 | +0.112% | $15.3M | $31.2M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 117.15 | +0.072% | $47K | $312K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.18 | +0.099% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0380% | 8h | 117.23 | +0.140% | $3K | $182K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
GRVT BABA_USDT_Perp