BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit−0.052%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1831.828% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.052%, 7d avg −0.069%

Together, before fees+0.216%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: +$3 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	116.44	0	get 0.0000% / 8h	7h 47m	$2.2M	$583K	25x
Short	KuCoin BABAUSDTM	116.38	0.0100	get 0.0100% / 8h	7h 47m	$603K	$560K	20x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

click an exchange to add or hide it

latest

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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago	3.44 bp	13.2 bp −$13	95.2 bp −$952	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	14.18 bp	73.5 bp −$74	doesn't fit	doesn't fit	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	116.41	−0.028%	$75K	$27K	20x	as long as short
Bybit BABAUSDTlong	0.0000%	8h	116.44	long leg	$2.2M	$583K	25x
Gate BABA_USDT	0.0000%	8h	116.43	−0.009%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.41	−0.026%	$2.5M	$1.3M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.40	−0.034%	$888	$4.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.49	+0.043%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.37	−0.060%	$444K	$479K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.515%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.33	−0.094%	—	$9K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.32	−0.103%	$12.1M	$3.0M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.33	−0.094%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.31	−0.112%	$243K	$339K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.42	−0.017%	$1.2M	$5.2M	10x	as long as short
KuCoin BABAUSDTMshort	+0.0100%	8h	116.38	−0.052%	$603K	$560K	20x
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.40	−0.034%	$2K	$798	10x	as long as short
GRVT BABA_USDT_Perp	+0.0135%	8h	116.44	+0.001%	$2K	$245K	10x	as long as short
Variational Omni BABA	+0.0145%	8h	116.42	−0.015%	$301K	$619K	—	as long as short
Lighter BABA	+0.0176%	1h	116.50	+0.052%	$385K	$49K	10x	as long as short
Binance BABAUSDT	+0.0212%	8h	116.43	−0.012%	$15.4M	$21.6M	20x	as long as short
Extended BABA_24_5-USD	+0.0216%	1h	116.41	−0.028%	$42K	$410K	10x	as long as short
Phoenix BABA	+0.0343%	1h	116.32	−0.103%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.39	−0.043%	$75K	$101K	10x	as long as short