Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h +0.054%
Price spread now: Variational Omni against SunX−0.012%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.054%+$5 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.012%, 7d avg +0.004%
Together, before fees−0.018%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT117.660get 0.0000% / 8h2h 23m$694$3.4M20x
ShortVariational Omni BABA117.650.0105get 0.0105% / 8h2h 23m$264K$658K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$22.12
Price spread: −0.012% → +0.004%
−$1.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$12.48
Costs to cover
0.080%
Break-even
3.1 days
Slippage unknown: SunX: live order book, 4 min ago; Variational Omni: RFQ quote, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago45.92 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 25 min ago3.89 bpdoesn't fit28.7 bp −$287doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h117.94+0.238%$70K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.67+0.008%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.69+0.025%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.68+0.017%$2.4M$1.7M20xas long as short
SunX BABA-USDTlong0.0000%8h117.66long leg$694$3.4M20x
HTX BABA-USDT0.0000%8h117.74+0.068%$30K$18K20xas long as short
Lighter BABA+0.0032%1h117.73+0.059%$375K$73K10xas long as short
Lighter RH BABA+0.0032%1h117.69+0.025%$436K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.547%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.64−0.017%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.65−0.008%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.61−0.042%$11.9M$4.3M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.53−0.110%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.56−0.085%$238K$400K10xas long as short
QFEX BABA-USD+0.0073%1h117.69+0.025%$1.2M$3.4M10xas long as short
GRVT BABA_USDT_Perp+0.0077%8h117.75+0.078%$2K$193K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.54−0.102%$612K$429K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.65−0.008%$2K$79810xas long as short
Variational Omni BABAshort+0.0105%8h117.65−0.012%$264K$658K
Binance BABAUSDT+0.0174%8h117.70+0.034%$15.6M$31.1M20xas long as short
Extended BABA_24_5-USD+0.0176%1h117.67+0.006%$43K$357K10xas long as short
Phoenix BABA+0.0271%1h117.73+0.059%$66K$90K10xas long as short