BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0053%/8h= +5.9% APRpaid last 24h +0.014%

Price spread now: KuCoin against QFEX−0.052%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1441.437% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.079%+$8 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.052%, 7d avg −0.065%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.065%, 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	QFEX BABA-USD	116.40	0.0047	pay 0.0006% / 1h	14m 03s	$1.2M	$5.2M	10x
Short	KuCoin BABAUSDTM	116.34	0.0100	get 0.0100% / 8h	14m 03s	$604K	$581K	20x

Funding history

latest

Range statsloading…

KuCoin against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee QFEXbpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Slippage from QFEX: live order book, 5 min ago; KuCoin: live order book, 49 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 5 min ago	1.29 bp	6.6 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	11.63 bp	50.9 bp −$51	doesn't fit	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	116.37	−0.023%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.40	0.000%	$2.2M	$600K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.41	+0.009%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.37	−0.026%	$2.5M	$1.4M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.39	−0.009%	$1K	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.41	+0.009%	$37K	$2K	20x	as long as short
Lighter RH BABA	+0.0032%	1h	116.41	+0.009%	$446K	$591K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.481%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.30	−0.086%	—	$9K	10x	as long as short
QFEX BABA-USDlong	+0.0047%	1h	116.40	long leg	$1.2M	$5.2M	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.34	−0.052%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.09	−0.266%	$243K	$353K	10x	as long as short
Lighter BABA	+0.0088%	1h	116.52	+0.103%	$385K	$50K	10x	as long as short
KuCoin BABAUSDTMshort	+0.0100%	8h	116.34	−0.052%	$604K	$581K	20x
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.39	−0.009%	$2K	$1K	10x	as long as short
tradeXYZ xyz:BABA	+0.0115%	1h	116.30	−0.086%	$12.1M	$3.1M	10x	as long as short
Variational Omni BABA	+0.0122%	8h	116.45	+0.041%	$301K	$619K	—	as long as short
GRVT BABA_USDT_Perp	+0.0129%	8h	116.44	+0.032%	$2K	$246K	10x	as long as short
Extended BABA_24_5-USD	+0.0200%	1h	116.38	−0.019%	$42K	$383K	10x	as long as short
Binance BABAUSDT	+0.0204%	8h	116.40	0.000%	$15.4M	$21.9M	20x	as long as short
Phoenix BABA	+0.0276%	1h	116.39	−0.009%	$65K	$143K	10x	as long as short
Arcus BABA-USD	+0.0394%	1h	116.39	−0.009%	$76K	$98K	10x	as long as short