Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.041%
Price spread now: Variational Omni against GRVT−0.468%7-day average −0.017% · 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 4 days (all we have)+0.428%+$43 · spread now −0.468%, 7d avg −0.017%
=Together, before fees+0.469%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.450% cheaper against GRVT than usual: you would sell low and buy high (spread −0.468% now, against its 7-day average of −0.017%). If the spread goes back, that is −$45 on $10k: about 18 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.041% in total) that is about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BABA_USDT_Perp | 117.79 | 0.0069 | pay 0.0069% / 8h | 6h 26m | $3K | $228K | 10x |
| Short | Variational Omni BABA | 117.24 | 0.0155 | get 0.0155% / 8h | 6h 26m | $272K | $650K | — |
GRVT BABA_USDT_Perp
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- $18.02
- Price spread: −0.468% → −0.017%
- −$45.05
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.03
- Costs to cover
- 0.090%
- Break-even
- 21.0 days
Slippage unknown: GRVT: live order book, 41 min ago; Variational Omni: RFQ quote, 42 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 GRVT live order book, 41 min ago | 2.99 bp | 10.9 bp −$11 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 42 min ago | 3.21 bp | doesn't fit | 17.9 bp −$179 | 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 | 117.67 | −0.104% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.69 | −0.083% | $2.2M | $562K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.71 | −0.066% | $1.4M | $1.5M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.64 | −0.126% | $809 | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.71 | −0.066% | $38K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.62 | −0.143% | $387K | $45K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.47 | −0.270% | $425K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.654% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.76 | −0.024% | $1.2M | $4.6M | 10x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.63 | −0.134% | $74K | $101K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Arcus 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 | 117.73 | −0.049% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.42 | −0.312% | $12.3M | $3.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.45 | −0.287% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.99 | +0.172% | $241K | $372K | 10x | as long as short |
| Bitget BABAUSDT | +0.0055% | 8h | 117.64 | −0.126% | $2.6M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perplong | +0.0069% | 8h | 117.79 | long leg | $3K | $228K | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.76 | −0.024% | $613K | $531K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.67 | −0.100% | $1K | $532 | 10x | as long as short |
| Variational Omni BABAshort | +0.0155% | 8h | 117.24 | −0.468% | $272K | $650K | — | |
| Phoenix BABA | +0.0205% | 1h | 117.18 | −0.516% | $66K | $71K | 10x | as long as short |
| Binance BABAUSDT | +0.0212% | 8h | 117.70 | −0.075% | $15.7M | $23.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0216% | 1h | 117.64 | −0.123% | $43K | $366K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Bitget BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD