BABA funding rates
BABA perpetual funding across 10 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 3.0%long Gate, short GRVT · net −3.3%
- Highest funding now
- 28.6%PmPolymarket
- Lowest funding now
- 0.0%AsAster
- Listed on
- 10 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PmPolymarket | BABA-USD | 28.6% | 14.9% | 9.3% | 10.9% | 8.4% | 99% | 1h | 05:00 | 110.79 | $58k | $517 | TradFi | PmPolymarket | |
| RwRWA Perp | PERP_BABA_USDC_mythos | 10.9% | 10.8% | 11.0% | 11.0% | 11.1% | 100% | 8h | 08:00 | 110.76 | $1k | $0 | TradFi | RwRWA Perp | |
| LiLighter | BABA | 3.5% | 3.5% | 3.5% | 5.9% | 3.5% | 100% | 1h | 05:00 | 110.73 | $362k | $105k | TradFi | LiLighter | |
| LrLighter RH | BABA | 3.5% | 3.4% | 3.8% | 4.6% | 3.9% | 100% | 1h | 05:00 | 110.73 | $597k | $703k | TradFi | LrLighter RH | |
| AsAster | BABAUSDT | 0.0% | 0.0% | 4.0% | 2.0% | 4.6% | 24% | 8h | 08:00 | 110.97 | $59k | $5k | TradFi | AsAster | |
| GrGRVT | BABA_USDT_Perp | 0.0% | 0.0% | 4.9% | 8.7% | 5.7% | 16% | 8h | 08:00 | 110.87 | $2k | $217k | TradFi | GrGRVT | |
| VaVariational | BABA | 0.0% | 0.0% | 4.0% | 8.6% | 4.7% | 29% | 8h | — | 110.76 | $430k | $230k | TradFi | VaVariational | |
| ByBybitCEX | BABAUSDT | 0.0% | 0.0% | 3.5% | 5.0% | 4.0% | 29% | 8h | 08:00 | 110.83 | $1.6M | $560k | TradFi | ByBybit | |
| BgBitgetCEX | BABAUSDT | 0.0% | 0.0% | 2.2% | 5.8% | 2.6% | 14% | 8h | 08:00 | 110.90 | $2.0M | $1.8M | TradFi | BgBitget | |
| GtGateCEX | BABA_USDT | 0.0% | 6.1% | 1.9% | 4.6% | 1.2% | 29% | 8h | 08:00 | 110.91 | $2.3M | $624k | TradFi | GtGate |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| LiLighter | PmPolymarket | 25.1% | 11.4% | 5.8% | 5.0% | 3.7% | 5.6% | 5.0d | weak | $58k | TradFiinvite only | LiPm | calc | |
| LrLighter RH | PmPolymarket | 25.1% | 11.5% | 5.5% | 7.3% | 3.4% | 5.1% | 5.3d | weak | $58k | TradFiinvite only | LrPm | calc | |
| VaVariational | PmPolymarket | 28.6% | 14.9% | 5.3% | 2.3% | 3.2% | 4.8% | 5.5d | weak | $58k | 8h/1hTradFiinvite onlyspread not incl. | VaPm | calc | |
| BgBitgetCEX | PmPolymarket | 28.6% | 14.9% | 7.1% | 5.1% | 1.9% | 2.8% | 10d | steady | $58k | 8h/1hTradFiinvite only | BgPm | calc | |
| GtGateCEX | PmPolymarket | 28.6% | 8.8% | 7.4% | 6.3% | 1.4% | 2.0% | 11d | steady | $58k | 8h/1hTradFiinvite only | GtPm | calc | |
| AsAster | PmPolymarket | 28.6% | 14.9% | 5.3% | 8.9% | 1.2% | 1.7% | 11d | weak | $58k | 8h/1hTradFiinvite only | AsPm | calc | |
| ByBybitCEX | PmPolymarket | 28.6% | 14.9% | 5.8% | 5.9% | 0.9% | 1.3% | 12d | weak | $58k | 8h/1hTradFiinvite only | ByPm | calc | |
| LiLighter | LrLighter RH | 0.0% | −0.1% | 0.3% | −1.6% | 0.3% | 0.5% | <0.1d | weak | $362k | TradFi | LiLr | calc | |
| LiLighter | VaVariational | −3.5% | −3.5% | 0.5% | 2.7% | 0.5% | 0.8% | <0.1d | mixed | $362k | 1h/8hTradFispread not incl. | LiVa | calc | |
| LrLighter RH | VaVariational | −3.5% | −3.4% | 0.2% | 4.5% | 0.2% | 0.3% | <0.1d | mixed | $430k | 1h/8hTradFispread not incl. | LrVa | calc | |
| GrGRVT | PmPolymarket | 28.6% | 14.9% | 4.4% | 2.2% | −0.1% | −0.1% | 14d | weak | $2k | low OI8h/1hTradFiinvite only | GrPm | calc | |
| VaVariational | LrLighter RH | 3.5% | 3.4% | −0.2% | −4.5% | −0.2% | −0.3% | — | weak | $430k | 8h/1hTradFispread not incl. | VaLr | calc | |
| VaVariational | LiLighter | 3.5% | 3.5% | −0.5% | −2.7% | −0.5% | −0.8% | — | weak | $362k | 8h/1hTradFispread not incl. | VaLi | calc | |
| BgBitgetCEX | VaVariational | 0.0% | 0.0% | 1.8% | 2.8% | −1.3% | −2.0% | 24d | weak | $430k | TradFispread not incl. | BgVa | calc | |
| BgBitgetCEX | LrLighter RH | 3.5% | 3.4% | 1.6% | −2.1% | −1.5% | −2.3% | 27d | weak | $597k | 8h/1hTradFi | BgLr | calc | |
| GtGateCEX | VaVariational | 0.0% | −6.1% | 2.1% | 4.0% | −1.8% | −2.7% | 26d | weak | $430k | TradFispread not incl. | GtVa | calc | |
| BgBitgetCEX | LiLighter | 3.5% | 3.5% | 1.3% | 0.1% | −1.8% | −2.7% | 34d | weak | $362k | 8h/1hTradFi | BgLi | calc | |
| GtGateCEX | LrLighter RH | 3.5% | −2.7% | 1.9% | 0.3% | −2.0% | −3.0% | 29d | weak | $597k | 8h/1hTradFi | GtLr | calc | |
| AsAster | VaVariational | 0.0% | 0.0% | 0.1% | 6.6% | −2.0% | −3.0% | 498d | weak | $59k | TradFispread not incl. | AsVa | calc | |
| AsAster | LrLighter RH | 3.5% | 3.4% | −0.1% | 3.4% | −2.2% | −3.3% | — | weak | $59k | 8h/1hTradFi | AsLr | calc | |
| ByBybitCEX | VaVariational | 0.0% | 0.0% | 0.6% | 3.6% | −2.3% | −3.5% | 72d | weak | $430k | TradFispread not incl. | ByVa | calc | |
| GtGateCEX | LiLighter | 3.5% | −2.6% | 1.6% | 1.3% | −2.3% | −3.5% | 35d | weak | $362k | 8h/1hTradFi | GtLi | calc | |
| ByBybitCEX | LrLighter RH | 3.5% | 3.4% | 0.4% | −1.5% | −2.5% | −3.8% | 113d | weak | $597k | 8h/1hTradFi | ByLr | calc | |
| AsAster | LiLighter | 3.5% | 3.5% | −0.5% | 3.9% | −2.6% | −3.8% | — | weak | $59k | 8h/1hTradFi | AsLi | calc | |
| ByBybitCEX | LiLighter | 3.5% | 3.5% | 0.0% | 0.9% | −2.8% | −4.2% | >999d | weak | $362k | 8h/1hTradFi | ByLi | calc | |
| VaVariational | GrGRVT | 0.0% | 0.0% | 0.9% | 0.1% | −1.4% | −2.2% | 36d | weak | $2k | low OITradFispread not incl. | VaGr | calc | |
| LiLighter | AsAster | −3.5% | −3.5% | 0.5% | −3.9% | −1.6% | −2.4% | 63d | mixed | $59k | 1h/8hTradFi | LiAs | calc | |
| BgBitgetCEX | AsAster | 0.0% | 0.0% | 1.8% | −3.7% | −3.5% | −5.2% | 41d | weak | $59k | TradFi | BgAs | calc | |
| LiLighter | GrGRVT | −3.5% | −3.5% | 1.4% | 2.8% | −0.9% | −1.4% | 23d | mixed | $2k | low OI1h/8hTradFi | LiGr | calc | |
| LrLighter RH | AsAster | −3.5% | −3.4% | 0.1% | −3.4% | −1.9% | −2.9% | 200d | mixed | $59k | 1h/8hTradFi | LrAs | calc | |
| GtGateCEX | AsAster | 0.0% | −6.1% | 2.0% | −2.5% | −4.0% | −5.9% | 41d | weak | $59k | TradFi | GtAs | calc | |
| ByBybitCEX | AsAster | 0.0% | 0.0% | 0.5% | −2.9% | −4.5% | −6.7% | 138d | weak | $59k | TradFi | ByAs | calc | |
| BgBitgetCEX | ByBybitCEX | 0.0% | 0.0% | 1.3% | −0.8% | −4.7% | −7.1% | 67d | weak | $1.6M | TradFi | BgBy | calc | |
| LrLighter RH | GrGRVT | −3.5% | −3.4% | 1.1% | 4.3% | −1.2% | −1.9% | 30d | mixed | $2k | low OI1h/8hTradFi | LrGr | calc | |
| GtGateCEX | ByBybitCEX | 0.0% | −6.1% | 1.5% | 0.4% | −5.3% | −7.9% | 62d | weak | $1.6M | TradFi | GtBy | calc | |
| BgBitgetCEX | GrGRVT | 0.0% | 0.0% | 2.7% | 2.9% | −2.8% | −4.1% | 28d | weak | $2k | low OITradFi | BgGr | calc | |
| GtGateCEX | GrGRVT | 0.0% | −6.1% | 3.0% | 4.1% | −3.3% | −4.9% | 29d | weak | $2k | low OITradFi | GtGr | calc | |
| GtGateCEX | BgBitgetCEX | 0.0% | −6.1% | 0.3% | 1.2% | −6.8% | −10.2% | 366d | weak | $2.0M | TradFi | GtBg | calc | |
| GrGRVT | LrLighter RH | 3.5% | 3.4% | −1.1% | −4.3% | −3.5% | −5.2% | — | weak | $2k | low OI8h/1hTradFi | GrLr | calc | |
| AsAster | GrGRVT | 0.0% | 0.0% | 1.0% | 6.7% | −3.5% | −5.2% | 65d | weak | $2k | low OITradFi | AsGr | calc | |
| ByBybitCEX | GrGRVT | 0.0% | 0.0% | 1.5% | 3.7% | −3.8% | −5.6% | 50d | weak | $2k | low OITradFi | ByGr | calc | |
| GrGRVT | LiLighter | 3.5% | 3.5% | −1.4% | −2.8% | −3.8% | −5.7% | — | weak | $2k | low OI8h/1hTradFi | GrLi | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:46 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
BABA · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | AsAster110.973 | GtGate110.91 | BgBitget110.9 | GrGRVT110.872 | ByBybit110.83 | PmPolymarket110.79 | VaVariational110.762 | RwRWA Perp110.76 | LiLighter110.735 | LrLighter RH110.73 |
|---|---|---|---|---|---|---|---|---|---|---|
| LrLighter RH110.73 | 0.219% | 0.162% | 0.153% | 0.128% | 0.090% | 0.054% | 0.028% | 0.027% | 0.005% | — |
| LiLighter110.735 | 0.215% | 0.158% | 0.149% | 0.124% | 0.086% | 0.050% | 0.024% | 0.023% | — | −0.005% |
| RwRWA Perp110.76 | 0.192% | 0.135% | 0.126% | 0.101% | 0.063% | 0.027% | 0.001% | — | −0.023% | −0.027% |
| VaVariational110.762 | 0.191% | 0.134% | 0.125% | 0.100% | 0.062% | 0.026% | — | −0.001% | −0.024% | −0.028% |
| PmPolymarket110.79 | 0.165% | 0.108% | 0.099% | 0.074% | 0.036% | — | −0.026% | −0.027% | −0.050% | −0.054% |
| ByBybit110.83 | 0.129% | 0.072% | 0.063% | 0.038% | — | −0.036% | −0.062% | −0.063% | −0.086% | −0.090% |
| GrGRVT110.872 | 0.091% | 0.034% | 0.025% | — | −0.038% | −0.074% | −0.100% | −0.101% | −0.124% | −0.128% |
| BgBitget110.9 | 0.066% | 0.009% | — | −0.025% | −0.063% | −0.099% | −0.125% | −0.126% | −0.149% | −0.153% |
| GtGate110.91 | 0.057% | — | −0.009% | −0.034% | −0.072% | −0.108% | −0.134% | −0.135% | −0.158% | −0.162% |
| AsAster110.973 | — | −0.057% | −0.066% | −0.091% | −0.129% | −0.165% | −0.191% | −0.192% | −0.215% | −0.219% |
All quotes (10)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 110.973 | 110.973 | mark | 7m | $5k | closedno FX |
| BgBitgetCEX | 110.9 | 110.9 | mark | 7m | $1.8M | closedno FX |
| ByBybitCEX | 110.83 | 110.83 | mark | 7m | $560k | closedno FX |
| GtGateCEX | 110.91 | 110.91 | mark | 7m | $624k | closedno FX |
| GrGRVT | 110.872 | 110.872 | mark | 7m | $217k | closedno FX |
| LiLighter | 110.735 | 110.735 | mark | 7m | $105k | closed |
| PmPolymarket | 110.79 | 110.79 | mark | 7m | $517 | closed |
| LrLighter RH | 110.73 | 110.73 | mark | 7m | $703k | closed |
| RwRWA Perp | 110.76 | 110.76 | mark | 7m | $0 | closed |
| VaVariational | 110.762 | 110.762 | mark | 7m | $230k | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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