Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.111%
Price spread now: Arcus against KuCoin+0.042%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1871.869% of the position
Funding, last 4 days (all we have)+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.042%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.126%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.52 | 0.0100 | pay 0.0100% / 8h | 4h 35m | $617K | $493K | 20x |
| Short | Arcus BABA-USD | 118.57 | 0.0040 | get 0.0005% / 1h | 35m 54s | $72K | $109K | 10x |
KuCoin BABAUSDTM
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against KuCoin. 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
- −$12.54
- Price spread: +0.042% → +0.065%
- −$2.31
- Slippage, 4 orders
- −$170.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$201.75
- Costs to cover
- 1.869%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; Arcus: live order book, 13 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 KuCoin live order book, 48 min ago | 31.54 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 13 min ago | 4.63 bp | 10.7 bp −$11 | 13.1 bp −$131 | 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 | 118.72 | +0.172% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.64 | +0.101% | $2.2M | $646K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.58 | +0.051% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.64 | +0.104% | $3K | $216K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.58 | +0.051% | $926 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.80 | +0.236% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.65 | +0.110% | $378K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.52 | 0.000% | $428K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.261% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDshort | +0.0040% | 1h | 118.57 | +0.042% | $72K | $109K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.62 | +0.084% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.43 | −0.076% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.52 | 0.000% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.41 | −0.093% | $241K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.61 | +0.076% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni BABA | +0.0070% | 8h | 118.56 | +0.037% | $267K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.52 | long leg | $617K | $493K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.57 | +0.042% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0144% | 8h | 118.56 | +0.034% | $15.6M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.52 | 0.000% | $43K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.63 | +0.093% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0831% | 8h | 118.55 | +0.025% | $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
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT