Funding you earn now, next payment 03:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.050%
Price spread now: tradeXYZ against Binance−0.048%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as 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
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 2 days (all we have)−0.038%−$4 · spread now −0.048%, 7d avg −0.065%
=Together, before fees−0.047%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$4 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 | 117.75 | 0.0173 | pay 0.0173% / 8h | 5h 50m | $15.5M | $23.8M | 20x |
| Short | tradeXYZ xyz:BABA | 117.69 | 0.0050 | get 0.0006% / 1h | 50m 08s | $12.1M | $3.5M | 10x |
Binance BABAUSDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$25.88
- Price spread: −0.048% → −0.065%
- $1.64
- Slippage, 4 orders
- −$13.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$66.2
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; tradeXYZ: live order book, 9 min ago.
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, 6 min ago | 1.27 bp | 9.1 bp −$9 | 22.6 bp −$226 | 72.2 bp −$7,216 | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.27 bp | 11.2 bp −$11 | 14.4 bp −$144 | doesn't fit | doesn't fit |
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 BABAUSDT | 0.0000% | 8h | 117.73 | −0.017% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.75 | +0.003% | $2.2M | $578K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.77 | +0.020% | $1.5M | $1.6M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 117.89 | +0.121% | $3K | $222K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.74 | −0.006% | $957 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.82 | +0.062% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.89 | +0.121% | $388K | $46K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.68 | −0.057% | $426K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.620% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.79 | +0.037% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
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 | 117.76 | +0.011% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 117.69 | −0.048% | $12.1M | $3.5M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.67 | −0.065% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.81 | +0.054% | $235K | $374K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 117.73 | −0.014% | $1.2M | $4.5M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.76 | +0.011% | $613K | $522K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.74 | −0.006% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0109% | 8h | 117.78 | +0.030% | $265K | $658K | — | as long as short |
| Binance BABAUSDTlong | +0.0173% | 8h | 117.75 | long leg | $15.5M | $23.8M | 20x | |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.70 | −0.041% | $46K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 117.73 | −0.014% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0293% | 8h | 117.75 | +0.003% | $2.5M | $1.3M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT