BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against SunX−0.034%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BABA-USDT	117.29	0	get 0.0000% / 8h	1h 46m	$783	$3.3M	20x
Short	Orderly PERP_BABA_USDC_mythos	117.25	0.0100	get 0.0100% / 8h	1h 46m	$2K	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee SunXbpFee OrderlybpOrdersPrice spread, now −0.034%Rate

Funding earned: $21
Price spread: −0.034% → 0.000%: −$3.41
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $3.59
Costs to cover: 0.140%
Break-even: 5.8 days

Slippage unknown: SunX: live order book, 11 min ago; 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 SunX live order book, 11 min ago	22.93 bp	40.9 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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 venues

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	117.39	+0.084%	$69K	$36K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.25	−0.034%	$2.1M	$732K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	117.29	0.000%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.25	−0.034%	$2.4M	$1.8M	20x	as long as short
SunX BABA-USDTlong	0.0000%	8h	117.29	long leg	$783	$3.3M	20x
HTX BABA-USDT	0.0000%	8h	117.34	+0.043%	$30K	$19K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.31	+0.017%	$373K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	117.22	−0.060%	$435K	$510K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.236%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.23	−0.051%	$71K	$110K	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	117.29	0.000%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	117.17	−0.102%	$11.8M	$4.4M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.22	−0.060%	$8K	$285K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.23	−0.051%	$225K	$418K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0059%	8h	117.30	+0.009%	$2K	$193K	10x	as long as short
QFEX BABA-USD	+0.0063%	1h	117.25	−0.034%	$1.2M	$3.1M	10x	as long as short
Variational Omni BABA	+0.0087%	8h	117.27	−0.021%	$264K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	117.19	−0.085%	$610K	$408K	20x	as long as short
Orderly PERP_BABA_USDC_mythosshort	+0.0100%	8h	117.25	−0.034%	$2K	$798	10x
Binance BABAUSDT	+0.0147%	8h	117.25	−0.035%	$15.3M	$32.1M	20x	as long as short
Extended BABA_24_5-USD	+0.0152%	1h	117.23	−0.053%	$44K	$352K	10x	as long as short
Phoenix BABA	+0.0204%	1h	117.32	+0.026%	$66K	$89K	10x	as long as short