After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.034%7d average+0.072%fees + slippage, in and out−$38spread needed0.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 116.12 | 0.0050 | pay 0.0006% / 1h | 9m 29s | $12.1M | $2.6M | 10x |
| Short | Binance BABAUSDT | 116.16 | 0.0176 | get 0.0176% / 8h | 7h 09m | $15.6M | $18.9M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.44
- Funding while held
- $3.78
- Slippage, 4 orders
- −$9.84
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.62
- Spread needed to break even
- 0.378%
Slippage from tradeXYZ: live order book, 11 min ago; Binance: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0126%
- Per $10,000 a day
- +$3.78
- Average in range /8h
- —
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 | 1.30 bp | 11.7 bp −$12 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.43 bp | 8.1 bp −$8 | 18.9 bp −$189 | 80.2 bp −$8,020 | doesn't fit |
BABA price on every exchange
against the cheapest. Click to use as the short leg.BABA on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | −0.241% | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
| Ondo Perps BABA-USD.P | −0.078% | +0.0050% | 1h | $274K | $289K | 10x | as long as short |
| HTX BABA-USDT | −0.078% | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| KuCoin BABAUSDTM | −0.017% | +0.0100% | 8h | $603K | $877K | 20x | as long as short |
| Bitget BABAUSDT | −0.017% | +0.0137% | 8h | $2.7M | $1.2M | 20x | as long as short |
| Polymarket Perps BABA-USD | −0.017% | +0.0050% | 1h | $6K | $249K | 10x | as long as short |
| Vest BABA-USD-PERP | −0.009% | +0.0046% | 1h | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | 0.000% | +0.0050% | 1h | $12.1M | $2.6M | 10x | |
| Orderly PERP_BABA_USDC_mythos | +0.009% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Lighter RH BABA | +0.017% | +0.0032% | 1h | $464K | $421K | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BABAUSDT | +0.017% | 0.0000% | 8h | $2.2M | $559K | 25x | as long as short |
| QFEX BABA-USD | +0.017% | +0.0047% | 1h | $1.2M | $4.8M | 10x | as long as short |
| SunX BABA-USDT | +0.017% | 0.0000% | 8h | $654 | $4.2M | 20x | as long as short |
| Gate BABA_USDT | +0.026% | 0.0000% | 8h | $1.4M | $1.5M | 50x | as long as short |
| Binance BABAUSDTshort | +0.034% | +0.0176% | 8h | $15.6M | $18.9M | 20x | |
| Phoenix BABA | +0.034% | +0.0208% | 1h | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.043% | +0.0043% | 1h | $79K | $82K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.043% | +0.0176% | 1h | $18K | $359K | 10x | as long as short |
| Aster BABAUSDT | +0.052% | 0.0000% | 8h | $81K | $14K | 20x | as long as short |
| Lighter BABA | +0.086% | +0.0032% | 1h | $384K | $37K | 10x | as long as short |
| Variational Omni BABA | +0.096% | +0.0129% | 8h | $327K | $548K | — | as long as short |
tradeXYZ xyz:BABA
Binance BABAUSDT
Injective
HTX
KuCoin
Bitget
Polymarket Perps
Lighter RH
Bybit
SunX
Gate
Phoenix
Extended
Aster
Lighter
Variational Omni