Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Aster against tradeXYZ−0.056%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.056% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 119.40 | 0.0050 | pay 0.0006% / 1h | 10m 51s | $12.0M | $4.9M | 10x |
| Short | Aster BABAUSDT | 119.33 | 0 | get 0.0000% / 8h | 6h 10m | $70K | $40K | 20x |
tradeXYZ xyz:BABA
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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: −0.056% → 0.000%
- −$5.64
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$42.14
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 11 min ago; Aster: 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 tradeXYZ live order book, 11 min ago | 0.84 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 BABAUSDTshort | 0.0000% | 8h | 119.33 | −0.056% | $70K | $40K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 119.44 | +0.034% | $2.2M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.44 | +0.034% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.40 | 0.000% | $2.3M | $2.1M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.42 | +0.017% | $860 | $2.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.58 | +0.151% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.52 | +0.101% | $382K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.40 | 0.000% | $435K | $517K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.982% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.54 | +0.117% | — | $19K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 119.40 | long leg | $12.0M | $4.9M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.40 | 0.000% | $8K | $182K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.33 | −0.059% | $221K | $440K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 119.40 | 0.000% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.41 | +0.008% | $623K | $498K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.43 | +0.025% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0231% | 8h | 119.27 | −0.105% | $363K | $662K | — | as long as short |
| Phoenix BABA | +0.0271% | 1h | 119.33 | −0.059% | $67K | $88K | 10x | as long as short |
| Binance BABAUSDT | +0.0278% | 8h | 119.46 | +0.046% | $15.2M | $33.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0280% | 1h | 119.41 | +0.010% | $46K | $314K | 10x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 119.38 | −0.017% | $71K | $135K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0341% | 8h | 119.50 | +0.082% | $3K | $181K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Arcus BABA-USD
GRVT BABA_USDT_Perp