After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.017%7d average−0.017%fees + slippage, in and out−$30spread needed0.300%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 115.97 | 0.0369 | pay 0.0369% / 8h | 3h 30m | $15.2M | $14.1M | 20x |
| Short | QFEX BABA-USD | 115.95 | 0.0055 | get 0.0007% / 1h | 30m 55s | $1.2M | $4.6M | 10x |
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
- −$1.72
- Funding while held
- −$9.44
- Slippage, 4 orders
- −$9.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$41.16
- Spread needed to break even
- 0.300%
Slippage from Binance: live order book, 11 min ago; QFEX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0315%
- Per $10,000 a day
- −$9.44
- 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, 11 min ago | 0.43 bp | 7.5 bp −$7 | 11.8 bp −$118 | 66.7 bp −$6,669 | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.16 bp | 7.2 bp −$7 | 8.5 bp −$85 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | −6.346% | +0.0033% | 1h | $11K | $13K | 12x | as long as short |
| tradeXYZ xyz:BABA | −0.052% | +0.0050% | 1h | $12.7M | $1.6M | 10x | as long as short |
| Ondo Perps BABA-USD.P | −0.052% | +0.0050% | 1h | $222K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | −0.043% | +0.0046% | 1h | — | — | 10x | as long as short |
| Polymarket Perps BABA-USD | −0.043% | +0.0050% | 1h | $8K | $145K | 10x | as long as short |
| KuCoin BABAUSDTM | −0.034% | +0.0100% | 8h | $593K | $1.1M | 20x | as long as short |
| Phoenix BABA | −0.034% | +0.0277% | 1h | $79K | $129K | 10x | as long as short |
| Extended BABA_24_5-USD | −0.033% | +0.0368% | 1h | $43K | $290K | 10x | as long as short |
| Bybit BABAUSDT | −0.026% | 0.0000% | 8h | $2.2M | $468K | 25x | as long as short |
| QFEX BABA-USDshort | −0.017% | +0.0055% | 1h | $1.2M | $4.6M | 10x |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH BABA | −0.009% | +0.0032% | 1h | $460K | $316K | 10x | as long as short |
| Bitget BABAUSDT | −0.009% | +0.0190% | 8h | $2.5M | $899K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | −0.009% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Binance BABAUSDTlong | 0.000% | +0.0369% | 8h | $15.2M | $14.1M | 20x | |
| SunX BABA-USDT | 0.000% | 0.0000% | 8h | $1K | $3.2M | 20x | as long as short |
| Variational Omni BABA | +0.010% | +0.0334% | 8h | $410K | $289K | — | as long as short |
| Arcus BABA-USD | +0.017% | +0.0791% | 1h | $68K | $40K | 10x | as long as short |
| Gate BABA_USDT | +0.026% | 0.0000% | 8h | $1.3M | $997K | 50x | as long as short |
| HTX BABA-USDT | +0.060% | 0.0000% | 8h | $37K | $1K | 20x | as long as short |
| Lighter BABA | +0.095% | +0.0032% | 1h | $379K | $19K | 10x | as long as short |
| Aster BABAUSDT | +0.177% | 0.0000% | 8h | $79K | $11K | 20x | as long as short |
Binance BABAUSDT
Injective
tradeXYZ
Polymarket Perps
KuCoin
Phoenix
Extended
Bybit
Lighter RH
Bitget
SunX
Variational Omni
Gate
HTX
Lighter
Aster