Funding you earn now, next payment 00:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.041%
Price spread now: Variational Omni against Aster+0.090%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.090% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread 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 | Aster BABAUSDT | 116.24 | 0 | get 0.0000% / 8h | 30m 58s | $75K | $27K | 20x |
| Short | Variational Omni BABA | 116.35 | 0.0066 | get 0.0066% / 8h | 30m 58s | $301K | $620K | — |
Aster BABAUSDT
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- $13.84
- Price spread: +0.090% → 0.000%
- $9.05
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.89
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 48 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 48 min ago | 2.54 bp | doesn't fit | 23.1 bp −$231 | doesn't fit | doesn't fit |
Aster: 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 BABAUSDTlong | 0.0000% | 8h | 116.24 | long leg | $75K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.19 | −0.044% | $2.2M | $599K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.22 | −0.018% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.19 | −0.044% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.35 | +0.093% | $977 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.39 | +0.128% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.22 | −0.018% | $446K | $583K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.345% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.23 | −0.010% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.32 | +0.068% | $1.2M | $5.2M | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.22 | −0.018% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.10 | −0.122% | $243K | $352K | 10x | as long as short |
| Variational Omni BABAshort | +0.0066% | 8h | 116.35 | +0.090% | $301K | $620K | — | |
| GRVT BABA_USDT_Perp | +0.0086% | 8h | 116.33 | +0.076% | $2K | $246K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.21 | −0.027% | $603K | $594K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.33 | +0.076% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0104% | 1h | 116.33 | +0.076% | $384K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 116.22 | −0.018% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0144% | 8h | 116.24 | −0.001% | $15.3M | $21.7M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0154% | 1h | 116.20 | −0.036% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.28 | +0.033% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.31 | +0.059% | $78K | $94K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD