BABA funding rates and arbitrage
Updated 2026-11-11 22:49 UTC
Best BABA arbitrage after every cost
No BABA pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
BABA funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Hyperliquid | xyz:BABA | 0.0025% | 1 h | +21.6% | +10.9% | $12.3M | 2026-11-11 23:00 |
| WhiteBIT | BABA_PERP | 0.0100% | 8 h | +10.9% | +11.3% | $1.2M | 2026-11-12 00:00 |
| Phoenix | BABA | 0.0010% | 1 h | +8.6% | +12.4% | — | 2026-11-11 23:00 |
| BingX | NCSKBABA2USD-USDT | 0.0074% | 8 h | +8.1% | +11.5% | $938.8K | 2026-11-12 00:00 |
| Bybit | BABAUSDT | 0.0073% | 8 h | +8.0% | +4.7% | $1.5M | 2026-11-12 00:00 |
| Ondo Perps | BABA-USD.P | 0.0006% | 1 h | +5.5% | — | $259.8K | 2026-11-11 23:00 |
| Bitget | BABAUSDT | 0.0042% | 8 h | +4.6% | +3.4% | $1.6M | 2026-11-12 00:00 |
| Arcus | BABA-USD | 0.0005% | 1 h | +4.4% | +7.8% | $162.7K | 2026-11-11 23:00 |
| Lighter RH | BABA | 0.0005% | 1 h | +4.4% | +5.8% | $454.5K | 2026-11-11 23:00 |
| Lighter | BABA | 0.0004% | 1 h | +3.5% | +9.5% | $408.1K | 2026-11-11 23:00 |
| Bitunix | BABAUSDT | 0.0006% | 8 h | +0.7% | +6.2% | — | 2026-11-12 00:00 |
| KuCoin | BABAUSDTM | 0.0000% | 8 h | 0.0% | +1.0% | $235.5K | 2026-11-12 00:00 |
| MEXC | BABASTOCK_USDT | 0.0000% | 8 h | 0.0% | +5.2% | $2.2M | 2026-11-12 00:00 |
| HTX | BABA-USDT | 0.0000% | 8 h | 0.0% | +7.5% | $26.4K | 2026-11-12 00:00 |
| LBank | BABAUSDT | 0.0000% | 8 h | 0.0% | +5.4% | — | 2026-11-12 00:00 |
| GRVT | BABA_USDT_Perp | 0.0000% | 8 h | 0.0% | +5.0% | $373 | 2026-11-12 00:00 |
| Binance | BABAUSDT | 0.0000% | 8 h | 0.0% | +5.2% | $14.9M | 2026-11-12 00:00 |
| Aster | BABAUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $191.4K | 2026-11-12 00:00 |
| Extended | BABA_24_5-USD | 0.0000% | 1 h | 0.0% | +5.0% | $6.2K | 2026-11-11 23:00 |
| Gate | BABA_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $537.3K | 2026-11-12 00:00 |
| Variational | BABA-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $309.3K | 2026-11-12 00:00 |
| QFEX | BABA-USD | -0.0008% | 1 h | −7.1% | — | $1.2M | 2026-11-11 22:59 |
| Crypto.com | BABAUSD-PERP | -0.0079% | 1 h | −69.1% | −49.1% | $3.3K | 2026-11-11 23:00 |
Cost to enter $10,000 of BABA
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | BABA | 2.7 bp | order-book snapshot, 19 min old |
| Lighter | BABA | 2.5 bp | top of book only |
| Extended | BABA_24_5-USD | 2.5 bp | top of book only |
| Variational | BABA-PERP | 3.4 bp | top of book only |
| Hyperliquid | xyz:BABA | 4.2 bp | top of book only |
| Binance | BABAUSDT | 5.5 bp * | top of book only |
| BingX | NCSKBABA2USD-USDT | 5.5 bp | top of book only |
| Bybit | BABAUSDT | 6.2 bp | top of book only |
| GRVT | BABA_USDT_Perp | 6.5 bp | top of book only |
| MEXC | BABASTOCK_USDT | 6.9 bp | top of book only |
| Bitget | BABAUSDT | 7.0 bp | top of book only |
| Gate | BABA_USDT | 9.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is BABA funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no BABA pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest BABA funding rate?
Hyperliquid at +21.6% a year (0.0025% every 1 h); the lowest is Crypto.com at −69.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.