Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.060% cheaper against HTX than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 116.53 | 0 | get 0.0000% / 8h | 7h 26m | $37K | $2K | 20x |
| Short | Orderly PERP_BABA_USDC_mythos | 116.46 | 0.0100 | get 0.0100% / 8h | 7h 26m | $2K | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against HTX. 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: −0.060% → 0.000%
- −$6.01
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.01
- Costs to cover
- 0.180%
- Break-even
- 8.0 days
Slippage unknown: HTX: no order-book sample; Orderly: no order-book sample. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
HTX and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 116.42 | −0.091% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.47 | −0.051% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.47 | −0.051% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.41 | −0.103% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.42 | −0.096% | $3K | $235K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.49 | −0.034% | $424 | $4.1M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 116.53 | long leg | $37K | $2K | 20x | |
| Lighter BABA | +0.0032% | 1h | 116.57 | +0.034% | $385K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.42 | −0.094% | $444K | $482K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.592% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.40 | −0.112% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.40 | −0.112% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.37 | −0.137% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.25 | −0.240% | $239K | $341K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.45 | −0.069% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.41 | −0.103% | $603K | $547K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 116.46 | −0.060% | $2K | $798 | 10x | |
| Variational Omni BABA | +0.0143% | 8h | 116.43 | −0.088% | $301K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0197% | 8h | 116.49 | −0.034% | $15.4M | $21.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 116.46 | −0.059% | $42K | $473K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.41 | −0.103% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.41 | −0.103% | $75K | $100K | 10x | as long as short |
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA