Funding you earn now, next payment 00:00 UTC+0.0100%/8hnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.043%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.043%, 7d avg −0.076%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 115.99 | 0 | get 0.0000% / 8h | 4h 04m | $1.4M | $1.6M | 50x |
| Short | KuCoin BABAUSDTM | 115.94 | 0.0100 | get 0.0100% / 8h | 4h 04m | $601K | $754K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.043% → −0.076%
- $3.27
- Slippage, 4 orders
- −$122.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$125.01
- Costs to cover
- 1.493%
- Break-even
- 48.7 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 23 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 Gate live order book, 2 min ago | 2.59 bp | 13.2 bp −$13 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 16.39 bp | 42.8 bp −$43 | 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 | 115.94 | −0.040% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.98 | −0.009% | $2.2M | $585K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 115.99 | long leg | $1.4M | $1.6M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 115.98 | −0.009% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.00 | +0.012% | $289K | $606K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.00 | +0.009% | $821 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.04 | +0.043% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0031% | 8h | 116.00 | +0.006% | $3K | $269K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.01 | +0.017% | $451K | $458K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.129% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0040% | 1h | 116.13 | +0.121% | $384K | $50K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.91 | −0.069% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.90 | −0.078% | $10K | $253K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.79 | −0.172% | $248K | $328K | 10x | as long as short |
| QFEX BABA-USD | +0.0054% | 1h | 115.98 | −0.009% | $1.2M | $4.9M | 10x | as long as short |
| Binance BABAUSDT | +0.0060% | 8h | 116.00 | +0.009% | $15.4M | $19.7M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0064% | 1h | 115.99 | +0.003% | $18K | $359K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 115.94 | −0.043% | $601K | $754K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.99 | 0.000% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0126% | 1h | 115.95 | −0.034% | $12.1M | $2.9M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.05 | +0.052% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0637% | 1h | 115.96 | −0.026% | $79K | $93K | 10x | as long as short |
Gate BABA_USDT
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter RH BABA
Injective BABA/USDC PERP
Lighter BABA
Polymarket Perps BABA-USD
Binance BABAUSDT
Extended BABA_24_5-USD
tradeXYZ xyz:BABA
Phoenix BABA