Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.041%
Price spread now: Extended against tradeXYZ+0.041%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.041%, 7d avg +0.064%
=Together, before fees−0.026%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.023% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.064%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 116.89 | 0.0050 | pay 0.0006% / 1h | 32m 33s | $11.7M | $4.4M | 10x |
| Short | Extended BABA_24_5-USD | 116.94 | 0.0104 | get 0.0013% / 1h | 32m 33s | $47K | $312K | 10x |
tradeXYZ xyz:BABA
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $11.34
- Price spread: +0.041% → +0.064%
- −$2.25
- Slippage, 4 orders
- −$27.27
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$41.18
- Costs to cover
- 0.503%
- Break-even
- 32.4 days
Slippage from tradeXYZ: live order book, 6 min ago; Extended: live order book, 5 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 tradeXYZ live order book, 6 min ago | 0.86 bp | 13.6 bp −$14 | 18.8 bp −$188 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 3.00 bp | 13.0 bp −$13 | 70.9 bp −$709 | doesn't fit | doesn't fit |
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 | 116.92 | +0.026% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.90 | +0.009% | $2.1M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.98 | +0.077% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.98 | +0.077% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.96 | +0.060% | $909 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.00 | +0.094% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0017% | 8h | 116.74 | −0.128% | $2K | $189K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.06 | +0.145% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.96 | +0.060% | $435K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.898% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0040% | 8h | 116.74 | −0.131% | $336K | $779K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.76 | −0.111% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.94 | +0.043% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.89 | 0.000% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 116.89 | long leg | $11.7M | $4.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.90 | +0.009% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.93 | +0.034% | $229K | $428K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.88 | −0.009% | $607K | $383K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.96 | +0.060% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0103% | 8h | 116.97 | +0.068% | $15.2M | $32.3M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0104% | 1h | 116.94 | +0.041% | $47K | $312K | 10x | |
| Phoenix BABA | +0.0205% | 1h | 116.69 | −0.171% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA