Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against Variational Omni−0.054%7-day average +0.037% · 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)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.054%, 7d avg +0.037%
=Together, before fees+0.045%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.091% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BABA | 116.06 | 0.0012 | pay 0.0012% / 8h | 2h 39m | $302K | $618K | — |
| Short | Bitget BABAUSDT | 116.00 | 0 | get 0.0000% / 8h | 2h 39m | $2.5M | $1.3M | 20x |
Variational Omni BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. 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
- −$2.52
- Price spread: −0.054% → +0.037%
- −$9.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.58
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 50 min ago; Bitget: live order book, 3 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 Variational Omni RFQ quote, 50 min ago | 2.50 bp | doesn't fit | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.15 bp | 14.7 bp −$15 | 38.7 bp −$387 | 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 | 115.93 | −0.112% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.97 | −0.079% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.97 | −0.079% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 116.00 | −0.054% | $2.5M | $1.3M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 115.99 | −0.062% | $879 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.00 | −0.054% | $37K | $2K | 20x | as long as short |
| Variational Omni BABAlong | +0.0012% | 8h | 116.06 | long leg | $302K | $618K | — | |
| Lighter RH BABA | +0.0032% | 1h | 116.01 | −0.045% | $445K | $594K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.191% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 116.01 | −0.045% | $1.2M | $5.0M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
QFEX 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 | 115.98 | −0.071% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.92 | −0.122% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.83 | −0.200% | $249K | $333K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0087% | 8h | 116.09 | +0.020% | $3K | $275K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0087% | 1h | 115.95 | −0.097% | $12.1M | $3.0M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0096% | 1h | 115.96 | −0.088% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0097% | 8h | 115.98 | −0.073% | $15.4M | $21.0M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.96 | −0.088% | $602K | $696K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.00 | −0.054% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0160% | 1h | 116.13 | +0.059% | $384K | $51K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.03 | −0.028% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.99 | −0.062% | $79K | $93K | 10x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Extended BABA_24_5-USD
Binance BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Phoenix BABA
Arcus BABA-USD