Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.062%
Price spread now: Extended against SunX−0.011%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1531.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 3 days (all we have)−0.085%−$9 · spread now −0.011%, 7d avg −0.029%
Together, before fees+0.091%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT116.440get 0.0000% / 8h18m 25s$674$4.2M20x
ShortExtended BABA_24_5-USD116.430.0184get 0.0023% / 1h18m 25s$42K$383K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$38.64
Price spread: −0.011% → −0.029%
$1.83
Slippage, 4 orders
−$139.98
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$112.5
Costs to cover
1.530%
Break-even
27.4 days
Slippage from SunX: live order book, 10 min ago; Extended: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago45.15 bp63.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 59 min ago3.02 bp12.6 bp −$13118.5 bp −$1,185doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.33−0.098%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.43−0.009%$2.2M$601K25xas long as short
Gate BABA_USDT0.0000%8h116.440.000%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.48+0.034%$2.5M$1.4M20xas long as short
SunX BABA-USDTlong0.0000%8h116.44long leg$674$4.2M20x
HTX BABA-USDT0.0000%8h116.42−0.017%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.43−0.009%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.515%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.29−0.129%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.43−0.009%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.34−0.086%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.33−0.094%$242K$354K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.31−0.112%$603K$582K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.43−0.009%$2K$1K10xas long as short
Variational Omni BABA+0.0101%8h116.32−0.104%$301K$620Kas long as short
GRVT BABA_USDT_Perp+0.0109%8h116.30−0.117%$2K$246K10xas long as short
Lighter BABA+0.0112%1h116.54+0.086%$385K$50K10xas long as short
tradeXYZ xyz:BABA+0.0138%1h116.34−0.086%$12.1M$3.1M10xas long as short
Extended BABA_24_5-USDshort+0.0184%1h116.43−0.011%$42K$383K10x
Binance BABAUSDT+0.0188%8h116.45+0.009%$15.4M$21.9M20xas long as short
Phoenix BABA+0.0276%1h116.35−0.077%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.42−0.017%$77K$97K10xas long as short