Funding you earn now, next payment 11:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.132%
Price spread now: Arcus against SunX+0.017%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 4 days (all we have)+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.017%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.033% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 119.65 | 0 | get 0.0000% / 8h | 5h 51m | $696 | $2.5M | 20x |
| Short | Arcus BABA-USD | 119.67 | 0.0040 | get 0.0005% / 1h | 51m 15s | $72K | $134K | 10x |
SunX BABA-USDT
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. 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
- $8.46
- Price spread: +0.017% → −0.016%
- $3.29
- Slippage, 4 orders
- −$134.93
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$135.68
- Costs to cover
- 1.474%
- Break-even
- 119.3 days
Slippage from SunX: live order book, 10 min ago; Arcus: live order book, 59 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 SunX live order book, 10 min ago | 45.94 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 59 min ago | 4.63 bp | 8.4 bp −$8 | 8.5 bp −$85 | doesn't fit | doesn't fit |
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 | 119.62 | −0.028% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.72 | +0.059% | $2.2M | $711K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.69 | +0.033% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.62 | −0.025% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 119.65 | long leg | $696 | $2.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.77 | +0.100% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.64 | −0.008% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.89 | +0.201% | $384K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.71 | +0.050% | $436K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.184% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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-USDshort | +0.0040% | 1h | 119.67 | +0.017% | $72K | $134K | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.81 | +0.134% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.56 | −0.075% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.67 | +0.017% | $213K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0073% | 1h | 119.63 | −0.017% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.65 | 0.000% | $623K | $518K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.66 | +0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0223% | 8h | 119.93 | +0.238% | $375K | $672K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0249% | 8h | 119.78 | +0.108% | $3K | $180K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0264% | 1h | 119.61 | −0.033% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0266% | 8h | 119.66 | +0.006% | $15.1M | $33.8M | 20x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.76 | +0.092% | $67K | $109K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA