Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.4% APRnext payment +$1.31 per $10,000 · paid last 24h +0.035%
Price spread now: Variational Omni against Bitget−0.149%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)+0.115%+$11 · spread now −0.149%, 7d avg −0.035%
=Together, before fees+0.149%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.114% cheaper against Bitget than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.035%). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.035% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 116.73 | 0 | get 0.0000% / 8h | 7h 18m | $2.5M | $1.3M | 20x |
| Short | Variational Omni BABA | 116.56 | 0.0131 | get 0.0131% / 8h | 7h 18m | $301K | $619K | — |
Bitget BABAUSDT
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- $27.55
- Price spread: −0.149% → −0.035%
- −$11.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $4.12
- Costs to cover
- 0.120%
- Break-even
- 6.0 days
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 56 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 Bitget live order book, 4 min ago | 2.14 bp | 14.6 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 2.53 bp | doesn't fit | 28.1 bp −$281 | doesn't fit | doesn't fit |
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 | 116.67 | −0.054% | $76K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.64 | −0.077% | $2.2M | $583K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.70 | −0.026% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 116.73 | long leg | $2.5M | $1.3M | 20x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.55 | −0.154% | $3K | $234K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.68 | −0.043% | $868 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.65 | −0.069% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.77 | +0.034% | $386K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.63 | −0.086% | $440K | $491K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.762% | $11K | $26K | 12x | 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 PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.62 | −0.094% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.63 | −0.086% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.62 | −0.094% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.45 | −0.240% | $239K | $351K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.65 | −0.069% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.53 | −0.171% | $604K | $543K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.61 | −0.103% | $2K | $798 | 10x | as long as short |
| Variational Omni BABAshort | +0.0131% | 8h | 116.56 | −0.149% | $301K | $619K | — | |
| Extended BABA_24_5-USD | +0.0184% | 1h | 116.69 | −0.038% | $42K | $360K | 10x | as long as short |
| Binance BABAUSDT | +0.0189% | 8h | 116.72 | −0.012% | $15.4M | $21.9M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.60 | −0.111% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.57 | −0.137% | $75K | $100K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD