Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.051%
Price spread now: Aster against Binance+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.116% dearer against Binance than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 115.97 | 0.0038 | pay 0.0038% / 8h | 2h 06m | $15.4M | $21.1M | 20x |
| Short | Aster BABAUSDT | 116.10 | 0 | get 0.0000% / 8h | 2h 06m | $73K | $25K | 20x |
Binance BABAUSDT
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$8.04
- Price spread: +0.116% → 0.000%
- $11.58
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.46
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Aster: 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 Binance live order book, 5 min ago | 0.43 bp | 15.1 bp −$15 | 31.8 bp −$318 | 120.8 bp −$12.1K | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 116.10 | +0.116% | $73K | $25K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 115.93 | −0.034% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.99 | +0.017% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 115.96 | −0.009% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.97 | −0.001% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.97 | 0.000% | $703 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.00 | +0.026% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0016% | 8h | 115.99 | +0.019% | $3K | $269K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.15 | +0.155% | $384K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.95 | −0.017% | $445K | $595K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.112% | $11K | $26K | 12x | as long as short |
| Binance BABAUSDTlong | +0.0038% | 8h | 115.97 | long leg | $15.4M | $21.1M | 20x | |
| Extended BABA_24_5-USD | +0.0040% | 1h | 115.96 | −0.012% | $42K | $383K | 10x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.89 | −0.069% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.94 | −0.026% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.92 | −0.043% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.89 | −0.069% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.90 | −0.060% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.89 | −0.069% | $602K | $672K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.00 | +0.026% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 115.95 | −0.017% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.92 | −0.043% | $79K | $93K | 10x | as long as short |
Injective BABA/USDC PERP
Extended BABA_24_5-USD
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD