Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly+0.025%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Vest is 0.025% dearer against Orderly than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 118.47 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $2K | $798 | 10x |
| Short | Vest BABA-USD-PERP | 118.50 | 0.0046 | get 0.0006% / 1h | 21m 05s | — | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Orderly. 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
- −$11.41
- Price spread: +0.025% → 0.000%
- $2.53
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$16.87
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Orderly and 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 | 118.55 | +0.067% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.48 | +0.008% | $2.1M | $693K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.51 | +0.034% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.51 | +0.034% | $832 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.51 | +0.034% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0023% | 8h | 118.55 | +0.068% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.46 | −0.008% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.44 | −0.025% | $436K | $506K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.220% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.36 | −0.093% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 118.50 | +0.025% | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.40 | −0.059% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.42 | −0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.43 | −0.034% | $242K | $404K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.46 | −0.008% | $1.2M | $4.2M | 10x | as long as short |
| Variational Omni BABA | +0.0072% | 8h | 118.34 | −0.107% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.41 | −0.051% | $616K | $485K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 118.47 | long leg | $2K | $798 | 10x | |
| Binance BABAUSDT | +0.0150% | 8h | 118.52 | +0.042% | $15.8M | $29.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 118.48 | +0.012% | $44K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.43 | −0.034% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0615% | 8h | 118.61 | +0.118% | $2.4M | $1.7M | 20x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT