Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Gate−0.026%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Vest is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 116.00 | 0 | get 0.0000% / 8h | 2h 25m | $1.4M | $1.7M | 50x |
| Short | Vest BABA-USD-PERP | 115.97 | 0.0046 | get 0.0006% / 1h | 25m 18s | — | $9K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Gate. 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
- $9.59
- Price spread: −0.026% → 0.000%
- −$2.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$9.99
- Costs to cover
- 0.170%
- Break-even
- 14.3 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 4.31 bp | 19.0 bp −$19 | 98.9 bp −$989 | 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 | 115.94 | −0.049% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.02 | +0.017% | $2.2M | $615K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 116.00 | long leg | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.01 | +0.009% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.98 | −0.016% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.98 | −0.017% | $673 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.20 | +0.172% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.98 | −0.017% | $446K | $595K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.138% | $11K | $26K | 12x | as long as short |
| Lighter BABA | +0.0040% | 1h | 116.18 | +0.155% | $384K | $51K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0042% | 1h | 115.96 | −0.034% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 115.97 | −0.026% | — | $9K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.95 | −0.043% | $12.1M | $3.0M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0050% | 8h | 116.09 | +0.077% | $3K | $272K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.90 | −0.086% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.97 | −0.026% | $249K | $337K | 10x | as long as short |
| Binance BABAUSDT | +0.0071% | 8h | 115.99 | −0.009% | $15.4M | $21.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0072% | 1h | 115.98 | −0.017% | $42K | $383K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.97 | −0.026% | $602K | $686K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.98 | −0.017% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.05 | +0.043% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.97 | −0.026% | $79K | $93K | 10x | as long as short |
Gate BABA_USDT
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Lighter BABA
tradeXYZ xyz:BABA
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Binance BABAUSDT
Extended BABA_24_5-USD
KuCoin BABAUSDTM
Phoenix BABA