Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against Gate−0.093%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.093%, 7d avg −0.118%
=Together, before fees+0.089%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.025% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 118.44 | 0 | get 0.0000% / 8h | 3h 41m | $1.5M | $1.9M | 50x |
| Short | tradeXYZ xyz:BABA | 118.33 | 0.0050 | get 0.0006% / 1h | 41m 17s | $12.0M | $4.2M | 10x |
Gate BABA_USDT
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.093% → −0.118%
- $2.5
- Slippage, 4 orders
- −$24.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.99
- Costs to cover
- 0.580%
- Break-even
- 37.0 days
Slippage from Gate: live order book, 1 min ago; tradeXYZ: live order book, 8 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, 1 min ago | 3.80 bp | 14.5 bp −$14 | 122.5 bp −$1,225 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.27 bp | 13.4 bp −$13 | 17.2 bp −$172 | 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 | 118.35 | −0.080% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.45 | +0.008% | $2.1M | $704K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 118.44 | long leg | $1.5M | $1.9M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.45 | +0.008% | $943 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.042% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0001% | 8h | 118.34 | −0.082% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.48 | +0.034% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.42 | −0.017% | $438K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.195% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.32 | −0.101% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
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 | 118.42 | −0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 118.33 | −0.093% | $12.0M | $4.2M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.36 | −0.068% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.26 | −0.152% | $238K | $406K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 118.32 | −0.098% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.41 | −0.025% | $1.2M | $3.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.26 | −0.152% | $615K | $459K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.43 | −0.008% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0141% | 8h | 118.45 | +0.008% | $15.7M | $30.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.42 | −0.020% | $43K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.40 | −0.034% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0337% | 8h | 118.40 | −0.034% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT