Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.233%−$23 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM117.170.0100pay 0.0100% / 8h7h 01m$609K$538K20x
ShortBitget BABAUSDT117.300get 0.0000% / 8h7h 01m$2.5M$1.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 52 min ago14.18 bp77.2 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.98 bp15.4 bp −$1569.2 bp −$692doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h117.16−0.006%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.26+0.077%$2.2M$596K25xas long as short
Gate BABA_USDT0.0000%8h117.29+0.102%$1.4M$1.6M50xas long as short
Bitget BABAUSDTshort0.0000%8h117.30+0.111%$2.5M$1.3M20x
GRVT BABA_USDT_Perp0.0000%8h116.91−0.221%$3K$233K10xas long as short
SunX BABA-USDT0.0000%8h117.28+0.094%$636$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.87−0.256%$37K$2K20xas long as short
Lighter BABA+0.0032%1h117.38+0.179%$387K$51K10xas long as short
Lighter RH BABA+0.0032%1h117.24+0.060%$424K$515K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.135%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.24+0.060%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.170.000%$12.4M$3.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.18+0.009%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.40+0.196%$238K$360K10xas long as short
QFEX BABA-USD+0.0072%1h117.26+0.077%$1.2M$4.9M10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h117.17long leg$609K$538K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.32+0.128%$1K$1K10xas long as short
Variational Omni BABA+0.0155%8h117.28+0.093%$303K$619Kas long as short
Extended BABA_24_5-USD+0.0208%1h117.25+0.072%$47K$366K10xas long as short
Binance BABAUSDT+0.0211%8h117.28+0.094%$15.5M$22.8M20xas long as short
Phoenix BABA+0.0343%1h116.94−0.196%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h117.03−0.119%$74K$102K10xas long as short