Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against KuCoin+0.111%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.111%, 7d avg +0.115%
=The price spread sits at its 7-day average of +0.115%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.17 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $609K | $538K | 20x |
| Short | Bitget BABAUSDT | 117.30 | 0 | get 0.0000% / 8h | 7h 01m | $2.5M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21
- Price spread: +0.111% → +0.115%
- −$0.38
- Slippage, 4 orders
- −$157.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$203.05
- Costs to cover
- 1.817%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; Bitget: 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 KuCoin live order book, 52 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.98 bp | 15.4 bp −$15 | 69.2 bp −$692 | 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 | 117.16 | −0.006% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.26 | +0.077% | $2.2M | $596K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.29 | +0.102% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 117.30 | +0.111% | $2.5M | $1.3M | 20x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | −0.221% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.28 | +0.094% | $636 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.87 | −0.256% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.38 | +0.179% | $387K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.24 | +0.060% | $424K | $515K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.135% | $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 | 117.24 | +0.060% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.17 | 0.000% | $12.4M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.18 | +0.009% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.40 | +0.196% | $238K | $360K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 117.26 | +0.077% | $1.2M | $4.9M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.17 | long leg | $609K | $538K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.32 | +0.128% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.28 | +0.093% | $303K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.25 | +0.072% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0211% | 8h | 117.28 | +0.094% | $15.5M | $22.8M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.94 | −0.196% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 117.03 | −0.119% | $74K | $102K | 10x | as long as short |
KuCoin BABAUSDTM
Bitget BABAUSDT
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 PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA