BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h +0.072%

Price spread now: Binance against Bybit+0.008%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.466% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.008%, 7d avg −0.010%

Together, before fees+0.182%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, 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	Bybit BABAUSDT	118.40	0	get 0.0000% / 8h	3h 20m	$2.1M	$706K	25x
Short	Binance BABAUSDT	118.41	0.0134	get 0.0134% / 8h	3h 20m	$15.7M	$30.7M	20x

Funding history

latest

Range statsloading…

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.008%Rate

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 6 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	2.95 bp	16.6 bp −$17	107.5 bp −$1,075	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.42 bp	8.1 bp −$8	24.8 bp −$248	97.5 bp −$9,754	doesn't fit

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	118.33	−0.057%	$70K	$35K	20x	as long as short
Bybit BABAUSDTlong	0.0000%	8h	118.40	long leg	$2.1M	$706K	25x
Gate BABA_USDT	0.0000%	8h	118.41	+0.008%	$1.5M	$2.0M	50x	as long as short
SunX BABA-USDT	0.0000%	8h	118.41	+0.008%	$906	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.55	+0.127%	$30K	$18K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0016%	8h	118.44	+0.033%	$3K	$193K	10x	as long as short
Lighter BABA	+0.0032%	1h	118.49	+0.076%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.40	0.000%	$438K	$508K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.162%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.37	−0.025%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.41	+0.008%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.34	−0.051%	$12.0M	$4.2M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.32	−0.068%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.25	−0.127%	$238K	$405K	10x	as long as short
QFEX BABA-USD	+0.0056%	1h	118.37	−0.025%	$1.2M	$3.7M	10x	as long as short
Variational Omni BABA	+0.0057%	8h	118.40	−0.001%	$266K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.31	−0.076%	$616K	$459K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.37	−0.025%	$2K	$798	10x	as long as short
Binance BABAUSDTshort	+0.0134%	8h	118.41	+0.008%	$15.7M	$30.7M	20x
Extended BABA_24_5-USD	+0.0136%	1h	118.38	−0.019%	$43K	$354K	10x	as long as short
Phoenix BABA	+0.0203%	1h	118.38	−0.017%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0289%	8h	118.40	0.000%	$2.4M	$1.7M	20x	as long as short