Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.058%
Price spread now: Vest against Binance+0.042%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
=The price spread pays, funding is against you. Vest is 0.042% dearer against Binance than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 118.15 | 0.0129 | pay 0.0129% / 8h | 3h 50m | $15.6M | $30.5M | 20x |
| Short | Vest BABA-USD-PERP | 118.20 | 0.0046 | get 0.0006% / 1h | 50m 51s | — | $19K | 10x |
Binance BABAUSDT
Vest BABA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Binance. 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
- −$17.57
- Price spread: +0.042% → 0.000%
- $4.23
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$25.34
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 0.42 bp | 8.5 bp −$8 | 21.4 bp −$214 | 92.3 bp −$9,234 | 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 | 118.18 | +0.022% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.14 | −0.008% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.17 | +0.017% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.21 | +0.048% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.19 | +0.034% | $733 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.24 | +0.076% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.22 | +0.059% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.16 | +0.008% | $437K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.955% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.15 | 0.000% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 118.20 | +0.042% | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.07 | −0.068% | $11.9M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.13 | −0.017% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.14 | −0.008% | $238K | $405K | 10x | as long as short |
| Variational Omni BABA | +0.0053% | 8h | 118.16 | +0.012% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.18 | +0.025% | $1.2M | $4.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.13 | −0.017% | $615K | $464K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.15 | 0.000% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.12 | −0.027% | $43K | $358K | 10x | as long as short |
| Binance BABAUSDTlong | +0.0129% | 8h | 118.15 | long leg | $15.6M | $30.5M | 20x | |
| Phoenix BABA | +0.0203% | 1h | 118.09 | −0.051% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0395% | 8h | 118.17 | +0.017% | $2.4M | $1.7M | 20x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT