Funding you earn now, next payment 01:00 UTC+0.0418%/8h= +45.8% APRnext payment +$0.52 per $10,000 · paid last 24h +0.069%
Price spread now: Arcus against Extended−0.054%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 3 days (all we have)+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.054%, 7d avg +0.013%
=Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.067% cheaper against Extended than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.013%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.161% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.90 | 0.0208 | pay 0.0026% / 1h | 3m 11s | $47K | $365K | 10x |
| Short | Arcus BABA-USD | 116.84 | 0.0626 | get 0.0078% / 1h | 3m 11s | $73K | $102K | 10x |
Extended BABA_24_5-USD
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $87.77
- Price spread: −0.054% → +0.013%
- −$6.73
- Slippage, 4 orders
- −$27.96
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $43.57
- Costs to cover
- 0.375%
- Break-even
- 3.5 days
Slippage from Extended: live order book, 4 min ago; Arcus: live order book, 61 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 Extended live order book, 4 min ago | 1.71 bp | 11.2 bp −$11 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 61 min ago | 0.43 bp | 10.7 bp −$11 | 18.6 bp −$186 | 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 | 116.83 | −0.065% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.99 | +0.074% | $2.2M | $580K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.96 | +0.049% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.96 | +0.049% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | +0.006% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.93 | +0.023% | $795 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.87 | −0.028% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.03 | +0.109% | $387K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.91 | +0.006% | $422K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.909% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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 | 116.89 | −0.011% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.86 | −0.037% | $12.2M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.84 | −0.054% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.74 | −0.140% | $234K | $357K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.91 | +0.006% | $1.2M | $4.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.82 | −0.071% | $607K | $539K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.96 | +0.049% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 116.80 | −0.085% | $302K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0206% | 8h | 116.98 | +0.066% | $15.4M | $22.5M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0208% | 1h | 116.90 | long leg | $47K | $365K | 10x | |
| Phoenix BABA | +0.0343% | 1h | 116.94 | +0.032% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USDshort | +0.0626% | 1h | 116.84 | −0.054% | $73K | $102K | 10x |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA