Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.068%
Price spread now: Bybit against Extended+0.077%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.077%, 7d avg +0.018%
=Together, before fees−0.210%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.059% dearer against Extended than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.018%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 118.39 | 0.0152 | pay 0.0019% / 1h | 18m 21s | $44K | $358K | 10x |
| Short | Bybit BABAUSDT | 118.48 | 0 | get 0.0000% / 8h | 4h 18m | $2.1M | $698K | 25x |
Extended BABA_24_5-USD
Bybit BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$31.92
- Price spread: +0.077% → +0.018%
- $5.92
- Slippage, 4 orders
- −$43.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$85.14
- Costs to cover
- 0.591%
- Break-even
- never at this rate
Slippage from Extended: live order book, 39 min ago; Bybit: live order book, 3 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, 39 min ago | 3.35 bp | 12.5 bp −$13 | 58.4 bp −$584 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.22 bp | 19.8 bp −$20 | 107.1 bp −$1,071 | 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 | 118.44 | +0.040% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 118.48 | +0.077% | $2.1M | $698K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.42 | +0.027% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.53 | +0.119% | $770 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.51 | +0.103% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0023% | 8h | 118.55 | +0.136% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.46 | +0.060% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.35 | −0.033% | $436K | $506K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.153% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.41 | +0.018% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.48 | +0.077% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.35 | −0.033% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.35 | −0.033% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.25 | −0.117% | $242K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.38 | −0.007% | $1.2M | $4.2M | 10x | as long as short |
| Variational Omni BABA | +0.0077% | 8h | 118.43 | +0.038% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.39 | +0.001% | $616K | $483K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.42 | +0.027% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0150% | 8h | 118.42 | +0.025% | $15.8M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0152% | 1h | 118.39 | long leg | $44K | $358K | 10x | |
| Phoenix BABA | +0.0201% | 1h | 118.43 | +0.035% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0597% | 8h | 118.41 | +0.018% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT