Funding you earn now, next payment 09:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.060%
Price spread now: Gate against Extended+0.035%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now +0.035%, 7d avg +0.025%
=Together, before fees+0.156%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% 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 | 117.15 | 0.0192 | pay 0.0024% / 1h | 26m 43s | $47K | $312K | 10x |
| Short | Gate BABA_USDT | 117.19 | 0 | get 0.0000% / 8h | 7h 26m | $1.5M | $1.9M | 50x |
Extended BABA_24_5-USD
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$40.32
- Price spread: +0.035% → +0.025%
- $1.01
- Slippage, 4 orders
- −$42.93
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$102.23
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Gate: live order book, 1 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, 6 min ago | 2.99 bp | 12.5 bp −$12 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.70 bp | 14.3 bp −$14 | 64.7 bp −$647 | 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 | 117.07 | −0.070% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.14 | −0.008% | $2.1M | $725K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 117.19 | +0.035% | $1.5M | $1.9M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 117.18 | +0.026% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.17 | +0.018% | $769 | $2.8M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.21 | +0.052% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.23 | +0.069% | $373K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.19 | +0.035% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.117% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.11 | −0.033% | $70K | $136K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
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 | 117.08 | −0.059% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.08 | −0.059% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.98 | −0.144% | $231K | $416K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.21 | +0.052% | $1.2M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0096% | 1h | 117.12 | −0.025% | $12.0M | $4.6M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.06 | −0.076% | $612K | $418K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.16 | +0.009% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0151% | 8h | 117.20 | +0.044% | $337K | $722K | — | as long as short |
| Binance BABAUSDT | +0.0190% | 8h | 117.18 | +0.025% | $15.3M | $31.3M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0192% | 1h | 117.15 | long leg | $47K | $312K | 10x | |
| Phoenix BABA | +0.0273% | 1h | 117.18 | +0.026% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0380% | 8h | 117.23 | +0.068% | $3K | $182K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp