Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.94 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against Variational Omni−0.069%7-day average −0.083% · 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)+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now −0.069%, 7d avg −0.083%
=Together, before fees+0.016%+ 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 −0.083%, so right now this pair is about funding alone: +$3 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 | 116.25 | 0.0006 | pay 0.0006% / 8h | 43m 17s | $300K | $620K | — |
| Short | KuCoin BABAUSDTM | 116.17 | 0.0100 | get 0.0100% / 8h | 43m 17s | $602K | $605K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $19.73
- Price spread: −0.069% → −0.083%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $9.08
- Costs to cover
- 0.120%
- Break-even
- 3.8 days
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; KuCoin: live order book, 20 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, 36 min ago | 2.54 bp | doesn't fit | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 11.63 bp | 50.9 bp −$51 | doesn't fit | 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 | 116.23 | −0.018% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.28 | +0.025% | $2.2M | $597K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.34 | +0.077% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.35 | +0.086% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.31 | +0.051% | $536 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.27 | +0.017% | $37K | $2K | 20x | as long as short |
| Variational Omni BABAlong | +0.0006% | 8h | 116.25 | long leg | $300K | $620K | — | |
| Lighter RH BABA | +0.0032% | 1h | 116.28 | +0.025% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.353% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.20 | −0.043% | — | $9K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.33 | +0.068% | $1.2M | $5.1M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0049% | 8h | 116.27 | +0.017% | $3K | $247K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.22 | −0.026% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.21 | −0.035% | $242K | $352K | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.17 | −0.069% | $602K | $605K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.30 | +0.043% | $2K | $1K | 10x | as long as short |
| Binance BABAUSDT | +0.0102% | 8h | 116.36 | +0.096% | $15.3M | $21.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.30 | +0.043% | $42K | $383K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.41 | +0.137% | $385K | $49K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0136% | 1h | 116.25 | 0.000% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.24 | −0.009% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.30 | +0.043% | $78K | $94K | 10x | as long as short |
Variational Omni BABA
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Binance BABAUSDT
Extended BABA_24_5-USD
Lighter BABA
tradeXYZ xyz:BABA
Phoenix BABA