Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.014%
Price spread now: Variational Omni against KuCoin+0.081%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.081%, 7d avg +0.087%
=Together, before fees−0.025%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.087%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 119.25 | 0.0100 | pay 0.0100% / 8h | 4h 08m | $633K | $617K | 20x |
| Short | Variational Omni BABA | 119.35 | 0 | get 0.0000% / 8h | 4h 08m | $389K | $727K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$21
- Price spread: +0.081% → +0.087%
- −$0.59
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.59
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 18 min ago; Variational Omni: RFQ quote, 34 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 KuCoin live order book, 18 min ago | 18.03 bp | 82.7 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 3.18 bp | doesn't fit | 30.9 bp −$309 | doesn't fit | doesn't fit |
BABA on 22 exchanges
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 | 119.31 | +0.046% | $49K | $61K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.38 | +0.109% | $2.1M | $779K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.37 | +0.101% | $1.5M | $2.2M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.34 | +0.075% | $2.3M | $2.4M | 20x | as long as short |
| Variational Omni BABAshort | 0.0000% | 8h | 119.35 | +0.081% | $389K | $727K | — | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.35 | +0.084% | $3K | $189K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.35 | +0.084% | $852 | $2.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.42 | +0.143% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0023% | 1h | 119.29 | +0.034% | $1.3M | $2.8M | 10x | as long as short |
| Binance BABAUSDT | +0.0029% | 8h | 119.36 | +0.092% | $14.9M | $35.9M | 20x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 119.43 | +0.151% | $383K | $75K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.30 | +0.042% | $396K | $498K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0032% | 1h | 119.31 | +0.053% | $59K | $379K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.860% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.29 | +0.034% | $71K | $104K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.41 | +0.134% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.31 | +0.050% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.31 | +0.050% | $6K | $241K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.35 | +0.084% | $151K | $513K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 119.25 | long leg | $633K | $617K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.34 | +0.075% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.39 | +0.117% | $67K | $100K | 10x | as long as short |
KuCoin BABAUSDTM
Variational Omni BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Binance BABAUSDT
Lighter BABA
Lighter RH BABA
Extended BABA_24_5-USD
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Phoenix BABA