After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.017%7d average+0.003%fees + slippage, in and out−$45spread needed0.448%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 115.80 | 0.0093 | pay 0.0093% / 8h | 6h 20m | $15.5M | $19.3M | 20x |
| Short | Gate BABA_USDT | 115.82 | 0 | get 0.0000% / 8h | 6h 20m | $1.4M | $1.5M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.73
- Funding while held
- −$2.79
- Slippage, 4 orders
- −$19.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.86
- Spread needed to break even
- 0.448%
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0093%
- Per $10,000 a day
- −$2.79
- Average in range /8h
- —
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, 7 min ago | 0.43 bp | 8.5 bp −$9 | 21.5 bp −$215 | 69.3 bp −$6,932 | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.32 bp | 13.0 bp −$13 | 41.4 bp −$414 | doesn't fit | doesn't fit |
BABA price on every exchange
against the cheapest. Click to use as the short leg.BABA on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BABA-USD.P | −0.086% | +0.0050% | 1h | $274K | $289K | 10x | as long as short |
| KuCoin BABAUSDTM | −0.086% | +0.0100% | 8h | $599K | $834K | 20x | as long as short |
| Polymarket Perps BABA-USD | −0.069% | +0.0050% | 1h | $7K | $251K | 10x | as long as short |
| tradeXYZ xyz:BABA | −0.052% | +0.0074% | 1h | $12.1M | $2.8M | 10x | as long as short |
| Vest BABA-USD-PERP | −0.052% | +0.0046% | 1h | — | $9K | 10x | as long as short |
| QFEX BABA-USD | −0.017% | +0.0045% | 1h | $1.2M | $4.8M | 10x | as long as short |
| Aster BABAUSDT | −0.004% | 0.0000% | 8h | $73K | $25K | 20x | as long as short |
| Lighter RH BABA | 0.000% | +0.0032% | 1h | $456K | $438K | 10x | as long as short |
| Binance BABAUSDTlong | 0.000% | +0.0093% | 8h | $15.5M | $19.3M | 20x | |
| Extended BABA_24_5-USD | +0.003% | +0.0096% | 1h | $18K | $359K | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BABAUSDT | +0.009% | 0.0000% | 8h | $2.2M | $564K | 25x | as long as short |
| Arcus BABA-USD | +0.009% | +0.0564% | 1h | $79K | $92K | 10x | as long as short |
| Bitget BABAUSDT | +0.009% | +0.0064% | 8h | $2.5M | $1.3M | 20x | as long as short |
| Gate BABA_USDTshort | +0.017% | 0.0000% | 8h | $1.4M | $1.5M | 50x | |
| Phoenix BABA | +0.017% | +0.0207% | 1h | $79K | $129K | 10x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.017% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.035% | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
| Variational Omni BABA | +0.069% | +0.0017% | 8h | $337K | $558K | — | as long as short |
| SunX BABA-USDT | +0.069% | 0.0000% | 8h | $732 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | +0.095% | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.164% | +0.0128% | 1h | $383K | $40K | 10x | as long as short |
Binance BABAUSDT
Gate BABA_USDT
KuCoin
Polymarket Perps
tradeXYZ
Aster
Lighter RH
Extended
Bybit
Bitget
Phoenix
Injective
Variational Omni
SunX
HTX
Lighter