Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.005%
Price spread now: Polymarket Perps against Bitget−0.034%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.034%, 7d avg −0.104%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.069% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 117.12 | 0 | get 0.0000% / 8h | 19m 07s | $2.3M | $1.9M | 20x |
| Short | Polymarket Perps BABA-USD | 117.08 | 0.0050 | get 0.0006% / 1h | 19m 07s | $8K | $286K | 10x |
Bitget BABAUSDT
Polymarket Perps BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.034% → −0.104%
- $6.95
- Slippage, 4 orders
- −$23.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.03
- Costs to cover
- 0.435%
- Break-even
- 24.4 days
Slippage from Bitget: live order book, 3 min ago; Polymarket Perps: live order book, 18 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, 3 min ago | 2.13 bp | 12.1 bp −$12 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 18 min ago | 3.43 bp | 8.3 bp −$8 | 8.3 bp −$83 | 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 | 116.99 | −0.114% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.10 | −0.017% | $2.1M | $722K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.15 | +0.026% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.12 | long leg | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 117.15 | +0.026% | $752 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.26 | +0.120% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0025% | 8h | 117.17 | +0.046% | $3K | $188K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.15 | +0.026% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.09 | −0.026% | $435K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.093% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.06 | −0.051% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 117.12 | 0.000% | $1.2M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.06 | −0.051% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 117.08 | −0.034% | $8K | $286K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.06 | −0.051% | $231K | $428K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 117.19 | +0.064% | $338K | $779K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0060% | 1h | 117.03 | −0.077% | $11.8M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.00 | −0.102% | $608K | $386K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.14 | +0.017% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 117.12 | 0.000% | $47K | $309K | 10x | as long as short |
| Binance BABAUSDT | +0.0116% | 8h | 117.15 | +0.027% | $15.3M | $32.4M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.15 | +0.026% | $66K | $89K | 10x | as long as short |
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
Ondo Perps BABA-USD.P
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA