Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0751%/8h= +82.2% APRpaid last 24h −0.049%
Price spread now: Bitget against Extended+0.009%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$590.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.009%, 7d avg +0.061%
Together, before fees+0.083%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.052% cheaper against Extended than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.061%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD119.460.0152pay 0.0019% / 1h10m 15s$44K$363K10x
ShortBitget BABAUSDT119.470.0903get 0.0903% / 8h5h 10m$2.5M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$157.71
Price spread: +0.009% → +0.061%
−$5.16
Slippage, 4 orders
−$42.49
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
$93.06
Costs to cover
0.595%
Break-even
2.9 days
Slippage from Extended: live order book, 52 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 52 min ago2.54 bp11.9 bp −$12122.4 bp −$1,224doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.77 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h119.44−0.012%$78K$28K20xas long as short
Bybit BABAUSDT0.0000%8h119.53+0.059%$2.2M$643K25xas long as short
Gate BABA_USDT0.0000%8h119.49+0.026%$1.5M$1.8M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h118.96−0.414%$3K$218K10xas long as short
SunX BABA-USDT0.0000%8h119.48+0.018%$811$3.6M20xas long as short
HTX BABA-USDT0.0000%8h118.90−0.468%$30K$18K20xas long as short
Lighter BABA+0.0032%1h119.51+0.043%$381K$72K10xas long as short
Lighter RH BABA+0.0032%1h119.43−0.024%$430K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.029%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.10−0.300%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.52+0.051%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h119.38−0.066%$12.0M$4.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.38−0.066%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.37−0.074%$241K$401K10xas long as short
QFEX BABA-USD+0.0061%1h119.41−0.041%$1.2M$4.5M10xas long as short
Variational Omni BABA+0.0086%8h119.53+0.057%$269K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.49+0.026%$622K$506K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.47+0.009%$2K$79810xas long as short
Extended BABA_24_5-USDlong+0.0152%1h119.46long leg$44K$363K10x
Binance BABAUSDT+0.0153%8h119.46+0.003%$15.8M$29.0M20xas long as short
Phoenix BABA+0.0203%1h118.72−0.619%$66K$68K10xas long as short
Bitget BABAUSDTshort+0.0903%8h119.47+0.009%$2.5M$1.7M20x