BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0171%/8h= −18.8% APRnext payment −$1.71 per $10,000 · paid last 24h −0.051%

Price spread now: Bybit against Binance+0.009%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.420% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 2 days (all we have)−0.059%−$6 · spread now +0.009%, 7d avg −0.010%

Together, before fees−0.281%−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABAUSDT	116.34	0.0171	pay 0.0171% / 8h	22m 11s	$15.3M	$21.9M	20x
Short	Bybit BABAUSDT	116.35	0	get 0.0000% / 8h	22m 11s	$2.2M	$601K	25x

Funding history

latest

Range statsloading…

Bybit against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.009%Rate

Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 5 min ago.

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, 4 min ago	0.43 bp	6.7 bp −$7	18.2 bp −$182	83.4 bp −$8,340	doesn't fit
Sell Bybit live order book, 5 min ago	3.44 bp	14.7 bp −$15	93.8 bp −$938	doesn't fit	doesn't fit

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	116.26	−0.066%	$75K	$27K	20x	as long as short
Bybit BABAUSDTshort	0.0000%	8h	116.35	+0.009%	$2.2M	$601K	25x
Gate BABA_USDT	0.0000%	8h	116.34	0.000%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.34	0.000%	$2.5M	$1.4M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.34	0.000%	$658	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.38	+0.034%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.32	−0.017%	$446K	$590K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.430%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.23	−0.095%	—	$9K	10x	as long as short
QFEX BABA-USD	+0.0047%	1h	116.32	−0.017%	$1.2M	$5.2M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.24	−0.086%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.29	−0.043%	$242K	$354K	10x	as long as short
Variational Omni BABA	+0.0076%	8h	116.30	−0.033%	$301K	$620K	—	as long as short
GRVT BABA_USDT_Perp	+0.0091%	8h	116.28	−0.053%	$2K	$246K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.21	−0.112%	$603K	$586K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.34	0.000%	$2K	$1K	10x	as long as short
Lighter BABA	+0.0112%	1h	116.49	+0.129%	$385K	$50K	10x	as long as short
tradeXYZ xyz:BABA	+0.0155%	1h	116.24	−0.086%	$12.1M	$3.1M	10x	as long as short
Extended BABA_24_5-USD	+0.0168%	1h	116.32	−0.016%	$42K	$383K	10x	as long as short
Binance BABAUSDTlong	+0.0171%	8h	116.34	long leg	$15.3M	$21.9M	20x
Phoenix BABA	+0.0276%	1h	116.36	+0.017%	$65K	$143K	10x	as long as short
Arcus BABA-USD	+0.0394%	1h	116.34	0.000%	$77K	$96K	10x	as long as short