Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Bitget−0.273%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.273%, 7d avg −0.115%
=Funding pays, the price is against you. KuCoin is 0.158% cheaper against Bitget than usual: you would sell low and buy high (spread −0.273% now, against its 7-day average of −0.115%). If the spread goes back, that is −$16 on $10k: about 5.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 117.25 | 0 | get 0.0000% / 8h | 7h 00m | $2.5M | $1.3M | 20x |
| Short | KuCoin BABAUSDTM | 116.93 | 0.0100 | get 0.0100% / 8h | 7h 00m | $608K | $538K | 20x |
Bitget BABAUSDT
KuCoin BABAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $21
- Price spread: −0.273% → −0.115%
- −$15.82
- Slippage, 4 orders
- −$157.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176.5
- Costs to cover
- 1.817%
- Break-even
- 65.8 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 52 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 Bitget live order book, 1 min ago | 2.98 bp | 15.6 bp −$16 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 14.18 bp | 73.5 bp −$74 | doesn't fit | 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 | 117.07 | −0.157% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.10 | −0.128% | $2.2M | $597K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.11 | −0.119% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.25 | long leg | $2.5M | $1.3M | 20x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | −0.290% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.28 | +0.026% | $636 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.87 | −0.324% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.38 | +0.111% | $387K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.24 | −0.009% | $424K | $515K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.203% | $11K | $26K | 12x | 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 PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.24 | −0.009% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.07 | −0.154% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.18 | −0.060% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.40 | +0.128% | $238K | $360K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 117.26 | +0.009% | $1.2M | $4.9M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.93 | −0.273% | $608K | $538K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.32 | +0.060% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.28 | +0.025% | $303K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.08 | −0.143% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0211% | 8h | 117.04 | −0.181% | $15.5M | $22.9M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.94 | −0.264% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 117.03 | −0.188% | $74K | $102K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD