Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against Polymarket Perps−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | 119.68 | 0.0050 | pay 0.0006% / 1h | 48m 06s | $8K | $177K | 10x |
| Short | Orderly PERP_BABA_USDC_mythos | 119.66 | 0.0100 | get 0.0100% / 8h | 5h 48m | $2K | $798 | 10x |
Polymarket Perps BABA-USD
Orderly PERP_BABA_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Polymarket Perps. 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
- $10.5
- Price spread: −0.017% → 0.000%
- −$1.67
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$5.17
- Costs to cover
- 0.140%
- Break-even
- 10.4 days
Slippage unknown: Polymarket Perps: no order-book sample; Orderly: no order-book sample. Net counts fees only.
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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Polymarket Perps and Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BABA on 22 exchanges
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 | 119.65 | −0.029% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.70 | +0.017% | $2.2M | $715K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.69 | +0.008% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.73 | +0.042% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.73 | +0.042% | $648 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.64 | −0.033% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.50 | −0.150% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.83 | +0.125% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.69 | +0.008% | $436K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.209% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.50 | −0.150% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.67 | −0.008% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 119.68 | long leg | $8K | $177K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.60 | −0.067% | $213K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0081% | 1h | 119.68 | 0.000% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.63 | −0.042% | $624K | $521K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 119.66 | −0.017% | $2K | $798 | 10x | |
| Variational Omni BABA | +0.0221% | 8h | 119.63 | −0.038% | $374K | $672K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0249% | 8h | 119.78 | +0.083% | $3K | $180K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0256% | 1h | 119.63 | −0.042% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0257% | 8h | 119.68 | +0.002% | $15.1M | $33.8M | 20x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.57 | −0.092% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA