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: Gate against KuCoin+0.118%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1801.803% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.118%, 7d avg +0.078%
=The price spread pays, funding is against you. Gate is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.078%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.24 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $616K | $442K | 20x |
| Short | Gate BABA_USDT | 118.38 | 0 | get 0.0000% / 8h | 2h 47m | $1.5M | $1.9M | 50x |
KuCoin BABAUSDTM
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.118% → +0.078%
- $4.04
- Slippage, 4 orders
- −$153.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$197.23
- Costs to cover
- 1.803%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Gate: live order book, 5 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, 11 min ago | 22.87 bp | 80.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.07 bp | 18.3 bp −$18 | 233.3 bp −$2,333 | 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 | 118.30 | +0.051% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.30 | +0.051% | $2.1M | $710K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 118.38 | +0.118% | $1.5M | $1.9M | 50x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.40 | +0.135% | $935 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.36 | +0.101% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.35 | +0.093% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.29 | +0.042% | $438K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.030% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.25 | +0.008% | $72K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.36 | +0.101% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.23 | −0.008% | $12.0M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.31 | +0.059% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.11 | −0.110% | $239K | $401K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0066% | 8h | 118.28 | +0.031% | $3K | $194K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 118.44 | +0.169% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 118.29 | +0.046% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.24 | long leg | $616K | $442K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.37 | +0.110% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0168% | 1h | 118.36 | +0.100% | $43K | $357K | 10x | as long as short |
| Bitget BABAUSDT | +0.0172% | 8h | 118.33 | +0.076% | $2.4M | $1.7M | 20x | as long as short |
| Binance BABAUSDT | +0.0176% | 8h | 118.40 | +0.135% | $15.7M | $31.0M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 118.46 | +0.186% | $66K | $90K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Bitget BABAUSDT
Binance BABAUSDT
Phoenix BABA