Funding you earn now, next payment 10:00 UTC+0.0150%/8h= +16.5% APRpaid last 24h 0.000%
Price spread now: tradeXYZ against Bitget−0.059%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.059%, 7d avg −0.122%
=Together, before fees+0.153%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.063% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 118.25 | 0 | get 0.0000% / 8h | 6h 57m | $2.4M | $2.0M | 20x |
| Short | tradeXYZ xyz:BABA | 118.18 | 0.0150 | get 0.0019% / 1h | 57m 09s | $12.0M | $4.7M | 10x |
Bitget BABAUSDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $31.55
- Price spread: −0.059% → −0.122%
- $6.26
- Slippage, 4 orders
- −$22.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$14.98
- Costs to cover
- 0.528%
- Break-even
- 10.3 days
Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 12 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, 5 min ago | 3.80 bp | 14.4 bp −$14 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.85 bp | 12.5 bp −$12 | 15.8 bp −$158 | 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 | 118.20 | −0.042% | $69K | $39K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.27 | +0.017% | $2.1M | $697K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.26 | +0.008% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 118.25 | long leg | $2.4M | $2.0M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.26 | +0.008% | $550 | $2.7M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.32 | +0.059% | $377K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.25 | 0.000% | $440K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.038% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.26 | +0.008% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.10 | −0.127% | $8K | $280K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
Polymarket Perps BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.21 | −0.034% | $232K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 118.24 | −0.008% | $1.2M | $2.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.06 | −0.161% | $617K | $448K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.25 | 0.000% | $2K | $798 | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0150% | 1h | 118.18 | −0.059% | $12.0M | $4.7M | 10x | |
| Variational Omni BABA | +0.0210% | 8h | 118.21 | −0.031% | $340K | $664K | — | as long as short |
| Phoenix BABA | +0.0273% | 1h | 118.22 | −0.025% | $66K | $88K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0280% | 1h | 118.22 | −0.027% | $45K | $311K | 10x | as long as short |
| Binance BABAUSDT | +0.0282% | 8h | 118.30 | +0.042% | $15.4M | $31.4M | 20x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 118.17 | −0.068% | $71K | $136K | 10x | as long as short |
| HTX BABA-USDT | +0.0343% | 8h | 118.25 | 0.000% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0615% | 8h | 118.24 | −0.008% | $3K | $180K | 10x | as long as short |
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Arcus BABA-USD
HTX BABA-USDT
GRVT BABA_USDT_Perp