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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 119.46 | 0.0152 | pay 0.0019% / 1h | 10m 15s | $44K | $363K | 10x |
| Short | Bitget BABAUSDT | 119.47 | 0.0903 | get 0.0903% / 8h | 5h 10m | $2.5M | $1.7M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 52 min ago | 2.54 bp | 11.9 bp −$12 | 122.4 bp −$1,224 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.77 bp | 18.9 bp −$19 | doesn't fit | 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 | 119.44 | −0.012% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.53 | +0.059% | $2.2M | $643K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.49 | +0.026% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.96 | −0.414% | $3K | $218K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.48 | +0.018% | $811 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.90 | −0.468% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.51 | +0.043% | $381K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.43 | −0.024% | $430K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.029% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.10 | −0.300% | $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 | 119.52 | +0.051% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.38 | −0.066% | $12.0M | $4.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.38 | −0.066% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.37 | −0.074% | $241K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.41 | −0.041% | $1.2M | $4.5M | 10x | as long as short |
| Variational Omni BABA | +0.0086% | 8h | 119.53 | +0.057% | $269K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.49 | +0.026% | $622K | $506K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.47 | +0.009% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USDlong | +0.0152% | 1h | 119.46 | long leg | $44K | $363K | 10x | |
| Binance BABAUSDT | +0.0153% | 8h | 119.46 | +0.003% | $15.8M | $29.0M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.72 | −0.619% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0903% | 8h | 119.47 | +0.009% | $2.5M | $1.7M | 20x |
Extended BABA_24_5-USD
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Phoenix BABA