# BABA funding rates and arbitrage

Updated 2026-11-11 23:32 UTC · https://afterfees.xyz/coin/BABA

## 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 |
|---|---|---|---|---|---|---|---|
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | BABA_PERP | 0.0100% | 8 h | +10.9% | +11.2% | $1.2M | 2026-11-12 00:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | BABA | 0.0010% | 1 h | +8.7% | +12.3% | — | 2026-11-12 00:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | BABA-USD.P | 0.0006% | 1 h | +5.5% | — | $259.7K | 2026-11-12 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:BABA | 0.0006% | 1 h | +5.5% | +10.9% | $12.2M | 2026-11-12 00:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | BABA-USD | 0.0005% | 1 h | +4.4% | +7.6% | $164K | 2026-11-12 00:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | BABA | 0.0004% | 1 h | +3.5% | +5.7% | $453.7K | 2026-11-12 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | BABA | 0.0004% | 1 h | +3.5% | +9.3% | $408.4K | 2026-11-12 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BABAUSDT | 0.0027% | 8 h | +3.0% | +3.4% | $1.6M | 2026-11-12 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | BABAUSDT | 0.0025% | 8 h | +2.8% | +4.7% | $1.5M | 2026-11-12 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKBABA2USD-USDT | 0.0020% | 8 h | +2.2% | +11.4% | $938.8K | 2026-11-12 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BABAUSDT | 0.0006% | 8 h | +0.7% | +6.2% | — | 2026-11-12 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BABAUSDTM | 0.0000% | 8 h | 0.0% | +1.0% | $235.7K | 2026-11-12 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BABASTOCK_USDT | 0.0000% | 8 h | 0.0% | +5.2% | $2.2M | 2026-11-12 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BABA-USDT | 0.0000% | 8 h | 0.0% | +7.5% | $26.4K | 2026-11-12 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | BABAUSDT | 0.0000% | 8 h | 0.0% | +4.9% | — | 2026-11-12 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | BABA_USDT_Perp | 0.0000% | 8 h | 0.0% | +5.0% | $225 | 2026-11-12 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BABAUSDT | 0.0000% | 8 h | 0.0% | +5.2% | $14.9M | 2026-11-12 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | BABAUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $191K | 2026-11-12 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | BABA_24_5-USD | 0.0000% | 1 h | 0.0% | +4.9% | $6.2K | 2026-11-12 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BABA_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $542.8K | 2026-11-12 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | BABA-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $284.3K | 2026-11-12 00:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | BABA-USD | -0.0003% | 1 h | −2.9% | — | $1.2M | 2026-11-11 23:59 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | BABAUSD-PERP | -0.0079% | 1 h | −69.1% | −49.3% | $3.3K | 2026-11-12 00:00 |

## Cost to enter $10,000 of BABA

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | BABA | 3.9 bp | order-book snapshot, 0 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 | 2.6 bp | top of book only |
| Hyperliquid | xyz:BABA | 3.2 bp | top of book only |
| Bybit | BABAUSDT | 3.2 bp | top of book only |
| Binance | BABAUSDT | 5.5 bp * | top of book only |
| BingX | NCSKBABA2USD-USDT | 5.5 bp | top of book only |
| MEXC | BABASTOCK_USDT | 6.4 bp | top of book only |
| GRVT | BABA_USDT_Perp | 7.0 bp | top of book only |
| Bitget | BABAUSDT | 8.5 bp | top of book only |
| Gate | BABA_USDT | 9.5 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?**

WhiteBIT at +10.9% a year (0.0100% every 8 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._