BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against Polymarket Perps+0.059%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$470.473% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.059%, 7d avg +0.063%

Together, before fees−0.070%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BABA-USD	118.32	0.0050	pay 0.0006% / 1h	23m 05s	$9K	$266K	10x
Short	Gate BABA_USDT	118.39	0	get 0.0000% / 8h	3h 23m	$1.5M	$2.0M	50x

Funding history

latest

Range statsloading…

Gate against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee GatebpOrdersPrice spread, now +0.059%Rate

Slippage from Polymarket Perps: live order book, 29 min ago; Gate: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 29 min ago	3.39 bp	7.4 bp −$7	7.4 bp −$74	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.22 bp	18.4 bp −$18	263.3 bp −$2,633	doesn't fit	doesn't fit

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	118.37	+0.041%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.43	+0.093%	$2.1M	$706K	25x	as long as short
Gate BABA_USDTshort	0.0000%	8h	118.39	+0.059%	$1.5M	$2.0M	50x
SunX BABA-USDT	0.0000%	8h	118.39	+0.059%	$894	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.55	+0.194%	$30K	$18K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0016%	8h	118.44	+0.100%	$3K	$193K	10x	as long as short
Lighter BABA	+0.0032%	1h	118.49	+0.144%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.39	+0.059%	$438K	$508K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.096%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.37	+0.042%	$72K	$109K	10x	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	118.45	+0.110%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.34	+0.017%	$12.0M	$4.2M	10x	as long as short
Polymarket Perps BABA-USDlong	+0.0050%	1h	118.32	long leg	$9K	$266K	10x
Ondo Perps BABA-USD.P	+0.0050%	1h	118.25	−0.059%	$238K	$405K	10x	as long as short
QFEX BABA-USD	+0.0056%	1h	118.37	+0.042%	$1.2M	$3.8M	10x	as long as short
Variational Omni BABA	+0.0065%	8h	118.39	+0.062%	$266K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.33	+0.008%	$617K	$459K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.38	+0.051%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0136%	1h	118.34	+0.020%	$43K	$354K	10x	as long as short
Binance BABAUSDT	+0.0138%	8h	118.38	+0.051%	$15.7M	$30.7M	20x	as long as short
Phoenix BABA	+0.0203%	1h	118.38	+0.051%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0295%	8h	118.38	+0.051%	$2.4M	$1.7M	20x	as long as short