BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.054%

Price spread now: HTX against Variational Omni+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.028% dearer against Variational Omni than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BABA	116.69	0.0039	pay 0.0039% / 8h	37m 50s	$336K	$779K	—
Short	HTX BABA-USDT	116.72	0	get 0.0000% / 8h	37m 50s	$30K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee HTXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$8.11
Price spread: +0.028% → 0.000%: $2.81
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$17.3
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; HTX: 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 Variational Omni RFQ quote, 1 min ago	2.53 bp	doesn't fit	29.7 bp −$297	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	116.61	−0.070%	$68K	$37K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.71	+0.020%	$2.1M	$718K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.75	+0.054%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.72	+0.028%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.71	+0.020%	$760	$3.1M	20x	as long as short
HTX BABA-USDTshort	0.0000%	8h	116.72	+0.028%	$30K	$19K	20x
GRVT BABA_USDT_Perp	+0.0012%	8h	116.71	+0.020%	$2K	$190K	10x	as long as short
Lighter BABA	+0.0032%	1h	116.75	+0.054%	$372K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.69	+0.002%	$434K	$503K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.726%	$11K	$26K	12x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BABAlong	+0.0039%	8h	116.69	long leg	$336K	$779K	—
Arcus BABA-USD	+0.0040%	1h	116.60	−0.075%	$70K	$140K	10x	as long as short
QFEX BABA-USD	+0.0044%	1h	116.73	+0.037%	$1.3M	$3.0M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.64	−0.040%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.66	−0.023%	$8K	$286K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.65	−0.032%	$229K	$427K	10x	as long as short
tradeXYZ xyz:BABA	+0.0055%	1h	116.63	−0.049%	$11.7M	$4.4M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.61	−0.066%	$607K	$383K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.69	+0.002%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0102%	8h	116.72	+0.024%	$15.1M	$32.3M	20x	as long as short
Extended BABA_24_5-USD	+0.0104%	1h	116.69	+0.002%	$47K	$312K	10x	as long as short
Phoenix BABA	+0.0205%	1h	116.65	−0.032%	$65K	$89K	10x	as long as short