Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.041%
Price spread now: Variational Omni against Bybit−0.012%7-day average +0.011% · 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)+0.041%+$4 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.012%, 7d avg +0.011%
=Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 115.98 | 0 | get 0.0000% / 8h | 2h 31m | $2.2M | $612K | 25x |
| Short | Variational Omni BABA | 115.97 | 0.0009 | get 0.0009% / 8h | 2h 31m | $300K | $620K | — |
Bybit BABAUSDT
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- $1.8
- Price spread: −0.012% → +0.011%
- −$2.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.51
- Costs to cover
- 0.110%
- Break-even
- 51.7 days
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 57 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 Bybit live order book, 5 min ago | 1.29 bp | 16.1 bp −$16 | 141.6 bp −$1,416 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 2.50 bp | doesn't fit | 39.4 bp −$394 | 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 | 115.97 | −0.009% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 115.98 | long leg | $2.2M | $612K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 115.98 | 0.000% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.01 | +0.026% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.99 | +0.009% | $583 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.01 | +0.026% | $37K | $2K | 20x | as long as short |
| Variational Omni BABAshort | +0.0009% | 8h | 115.97 | −0.012% | $300K | $620K | — | |
| Lighter RH BABA | +0.0032% | 1h | 116.00 | +0.017% | $446K | $595K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.121% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.98 | 0.000% | $1.2M | $5.0M | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.02 | +0.034% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.96 | −0.017% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.92 | −0.052% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.88 | −0.086% | $249K | $333K | 10x | as long as short |
| Lighter BABA | +0.0064% | 1h | 116.15 | +0.147% | $384K | $51K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0073% | 8h | 116.00 | +0.017% | $3K | $273K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0080% | 1h | 115.98 | −0.002% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0080% | 8h | 115.99 | +0.009% | $15.3M | $21.0M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.90 | −0.069% | $601K | $693K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.00 | +0.017% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.00 | +0.017% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 116.00 | +0.017% | $79K | $93K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Lighter BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD