Funding you earn now, next payment 09:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.127%
Price spread now: Vest against Arcus+0.161%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.161% dearer against Arcus than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 118.07 | 0.0040 | pay 0.0005% / 1h | 2m 25s | $71K | $136K | 10x |
| Short | Vest BABA-USD-PERP | 118.26 | 0.0046 | get 0.0006% / 1h | 2m 25s | — | $19K | 10x |
Arcus BABA-USD
Vest BABA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Arcus. 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
- $1.13
- Price spread: +0.161% → 0.000%
- $16.09
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $10.73
- Costs to cover
- 0.065%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 21 min ago; Vest: no order-book sample. Net counts fees only.
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 Arcus live order book, 21 min ago | 2.99 bp | 8.9 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 118.07 | +0.001% | $69K | $39K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.21 | +0.119% | $2.1M | $702K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.18 | +0.093% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 118.18 | +0.093% | $2.4M | $2.0M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.15 | +0.068% | $646 | $2.7M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.27 | +0.169% | $376K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.18 | +0.093% | $440K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.889% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDlong | +0.0040% | 1h | 118.07 | long leg | $71K | $136K | 10x | |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 118.26 | +0.161% | — | $19K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.10 | +0.025% | $8K | $280K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.72 | −0.296% | $232K | $400K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 118.18 | +0.093% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0089% | 1h | 118.10 | +0.025% | $12.1M | $4.6M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.00 | −0.059% | $617K | $444K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.14 | +0.059% | $2K | $798 | 10x | as long as short |
| HTX BABA-USDT | +0.0151% | 8h | 118.17 | +0.085% | $30K | $19K | 20x | as long as short |
| Variational Omni BABA | +0.0179% | 8h | 117.93 | −0.122% | $339K | $664K | — | as long as short |
| Extended BABA_24_5-USD | +0.0248% | 1h | 118.14 | +0.057% | $45K | $311K | 10x | as long as short |
| Binance BABAUSDT | +0.0250% | 8h | 118.18 | +0.093% | $15.5M | $31.0M | 20x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 118.22 | +0.127% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0502% | 8h | 118.22 | +0.124% | $3K | $180K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
HTX BABA-USDT
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp