Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h +0.007%
Price spread now: Extended against Variational Omni−0.054%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.054%, 7d avg −0.031%
=Together, before fees+0.164%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.031%). If the spread goes back, that is −$2 on $10k: about 26 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.025% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BABA | 116.71 | 0.0035 | pay 0.0035% / 8h | 42m 35s | $336K | $779K | — |
| Short | Extended BABA_24_5-USD | 116.65 | 0.0104 | get 0.0013% / 1h | 42m 35s | $47K | $312K | 10x |
Variational Omni BABA
Extended BABA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $14.56
- Price spread: −0.054% → −0.031%
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $7.3
- Costs to cover
- 0.050%
- Break-even
- 3.5 days
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Extended: live order book, 60 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, 61 min ago | 2.52 bp | doesn't fit | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Extended live order book, 60 min ago | 3.42 bp | 12.9 bp −$13 | 96.6 bp −$966 | 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 | 116.71 | −0.003% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.65 | −0.053% | $2.1M | $717K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.68 | −0.028% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.67 | −0.036% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.67 | −0.036% | $747 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.70 | −0.010% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 116.66 | −0.044% | $2K | $190K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.72 | +0.007% | $371K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.65 | −0.053% | $434K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.747% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABAlong | +0.0035% | 8h | 116.71 | long leg | $336K | $779K | — | |
| Arcus BABA-USD | +0.0040% | 1h | 116.60 | −0.096% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.62 | −0.079% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.55 | −0.139% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.56 | −0.130% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.58 | −0.113% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.53 | −0.156% | $229K | $426K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.63 | −0.070% | $607K | $382K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.68 | −0.028% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0101% | 8h | 116.68 | −0.028% | $15.1M | $32.3M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0104% | 1h | 116.65 | −0.054% | $47K | $312K | 10x | |
| Phoenix BABA | +0.0205% | 1h | 116.64 | −0.062% | $65K | $89K | 10x | as long as short |
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA