Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRnext payment −$1.34 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against Variational Omni−0.011%7-day average −0.011% · 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 3 days (all we have)+0.041%+$4 · spread now −0.011%, 7d avg −0.011%
=Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BABA | 116.44 | 0.0134 | pay 0.0134% / 8h | 7m 51s | $301K | $619K | — |
| Short | Bybit BABAUSDT | 116.43 | 0 | get 0.0000% / 8h | 7m 51s | $2.2M | $600K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$28.15
- Price spread: −0.011% → −0.011%
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.14
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; Bybit: live order book, 4 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, 6 min ago | 2.53 bp | doesn't fit | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.44 bp | 18.0 bp −$18 | 96.9 bp −$969 | 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 | 116.45 | +0.008% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 116.43 | −0.011% | $2.2M | $600K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.47 | +0.023% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.43 | −0.011% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.49 | +0.040% | $705 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.47 | +0.023% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.49 | +0.040% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.518% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.47 | +0.023% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.46 | +0.015% | $1.2M | $5.2M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.41 | −0.028% | $10K | $265K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.19 | −0.217% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.61 | +0.143% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.42 | −0.020% | $604K | $575K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.48 | +0.032% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0105% | 1h | 116.42 | −0.020% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABAlong | +0.0134% | 8h | 116.44 | long leg | $301K | $619K | — | |
| GRVT BABA_USDT_Perp | +0.0140% | 8h | 116.45 | +0.006% | $2K | $246K | 10x | as long as short |
| Binance BABAUSDT | +0.0208% | 8h | 116.48 | +0.033% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.48 | +0.029% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.44 | −0.003% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.51 | +0.057% | $75K | $99K | 10x | as long as short |
Variational Omni BABA
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Lighter BABA
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA