# BABA funding rates and arbitrage

Updated 2026-10-29 22:07 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 |
|---|---|---|---|---|---|---|---|
| [Phoenix](https://afterfees.xyz/venues/phoenix) | BABA | 0.0041% | 1 h | +35.7% | +23.3% | — | 2026-10-29 23:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BABAUSDTM | 0.0177% | 8 h | +19.4% | +9.0% | $347.7K | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKBABA2USD-USDT | 0.0152% | 8 h | +16.7% | +15.2% | $938.8K | 2026-10-30 00:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | BABA-USD | 0.0018% | 1 h | +15.6% | +10.1% | $189.8K | 2026-10-29 23:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BABAUSDT | 0.0138% | 8 h | +15.1% | +8.7% | $2M | 2026-10-30 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | BABA_PERP | 0.0100% | 8 h | +10.9% | +14.0% | $2.3M | 2026-10-30 00:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | BABA-USD | 0.0007% | 1 h | +5.7% | — | $1.6M | 2026-10-29 22:59 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | BABA-USD.P | 0.0006% | 1 h | +5.5% | — | $328.1K | 2026-10-29 23:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:BABA | 0.0006% | 1 h | +5.5% | +8.2% | $11.7M | 2026-10-29 23:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BABAUSDT | 0.0032% | 8 h | +3.5% | +5.9% | — | 2026-10-30 00:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | BABA | 0.0004% | 1 h | +3.5% | +4.3% | $535.5K | 2026-10-29 23:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | BABA | 0.0004% | 1 h | +3.5% | +10.5% | $397.1K | 2026-10-29 23:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BABA-USDT | 0.0006% | 8 h | +0.7% | +9.2% | $36.9K | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BABASTOCK_USDT | 0.0000% | 8 h | 0.0% | +5.4% | $2.1M | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | BABAUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-30 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | BABAUSDT | 0.0000% | 8 h | 0.0% | +2.1% | $1.5M | 2026-10-30 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | BABA_USDT_Perp | 0.0000% | 8 h | 0.0% | +2.3% | $723 | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | BABAUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $114.7K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | BABA-PERP | 0.0000% | 8 h | 0.0% | — | $317.1K | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BABAUSDT | 0.0000% | 8 h | 0.0% | +5.4% | $23M | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BABA_USDT | 0.0000% | 8 h | 0.0% | +3.4% | $1.1M | 2026-10-30 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | BABA_24_5-USD | 0.0000% | 1 h | 0.0% | +6.4% | $9.6K | 2026-10-29 23:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | BABAUSD-PERP | -0.0069% | 1 h | −60.2% | −29.8% | $3.4K | 2026-10-29 23:00 |

## Cost to enter $10,000 of BABA

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter RH | BABA | 4.5 bp | order-book snapshot, 5 min old |
| Hyperliquid | xyz:BABA | 2.4 bp | top of book only |
| MEXC | BABASTOCK_USDT | 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 |
| Lighter | BABA | 4.6 bp | top of book only |
| Bybit | BABAUSDT | 5.3 bp | top of book only |
| BingX | NCSKBABA2USD-USDT | 5.5 bp | top of book only |
| Binance | BABAUSDT | 5.5 bp * | top of book only |
| Bitget | BABAUSDT | 7.5 bp | top of book only |
| Gate | BABA_USDT | 8.0 bp | top of book only |
| HTX | BABA-USDT | 9.6 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?**

Phoenix at +35.7% a year (0.0041% every 1 h); the lowest is Crypto.com at −60.2%. 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._