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: SunX against KuCoin+0.009%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2802.799% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now +0.009%, 7d avg +0.085%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.89 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $607K | $537K | 20x |
| Short | SunX BABA-USDT | 116.90 | 0 | get 0.0000% / 8h | 6h 57m | $711 | $4.1M | 20x |
KuCoin BABAUSDTM
SunX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.009% → +0.085%
- −$7.65
- Slippage, 4 orders
- −$259.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$308.54
- Costs to cover
- 2.799%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; SunX: live order book, 11 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, 56 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 45.81 bp | 64.9 bp −$65 | doesn't fit | 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 | 116.86 | −0.023% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.96 | +0.060% | $2.2M | $591K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.89 | 0.000% | $1.4M | $1.4M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.93 | +0.034% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 116.90 | +0.009% | $711 | $4.1M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.11 | +0.188% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.98 | +0.077% | $386K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.88 | −0.009% | $422K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.898% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.88 | −0.009% | $1.2M | $4.8M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.95 | +0.051% | $74K | $102K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.89 | 0.000% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.81 | −0.068% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.82 | −0.060% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.87 | −0.017% | $238K | $357K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0072% | 8h | 117.03 | +0.117% | $3K | $232K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.89 | long leg | $607K | $537K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.95 | +0.051% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.28 | +0.333% | $303K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.88 | −0.008% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0211% | 8h | 116.91 | +0.014% | $15.4M | $22.8M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 117.05 | +0.137% | $66K | $61K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA