Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.4% APRnext payment −$1.32 per $10,000 · paid last 24h −0.041%
Price spread now: SunX against Variational Omni+0.009%7-day average +0.001% · you sell dearer than you buy
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)+0.075%+$8 · spread now +0.009%, 7d avg +0.001%
=Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, 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 | 116.51 | 0.0132 | pay 0.0132% / 8h | 0m 49s | $301K | $619K | — |
| Short | SunX BABA-USDT | 116.52 | 0 | get 0.0000% / 8h | 0m 49s | $740 | $4.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$27.7
- Price spread: +0.009% → +0.001%
- $0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$34.84
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; SunX: live order book, 7 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, 13 min ago | 2.53 bp | doesn't fit | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 45.06 bp | 64.1 bp −$64 | 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 | 116.41 | −0.082% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.48 | −0.025% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.52 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.53 | +0.018% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 116.52 | +0.009% | $740 | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.49 | −0.017% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.43 | −0.068% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.574% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.32 | −0.162% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.42 | −0.077% | $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 | 116.39 | −0.102% | $10K | $265K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.14 | −0.317% | $243K | $354K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.57 | +0.052% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.41 | −0.085% | $604K | $568K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.49 | −0.017% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0102% | 1h | 116.43 | −0.068% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABAlong | +0.0132% | 8h | 116.51 | long leg | $301K | $619K | — | |
| GRVT BABA_USDT_Perp | +0.0135% | 8h | 116.48 | −0.024% | $2K | $245K | 10x | as long as short |
| Binance BABAUSDT | +0.0207% | 8h | 116.50 | −0.008% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.50 | −0.010% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | −0.025% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.49 | −0.017% | $75K | $101K | 10x | as long as short |
Variational Omni BABA
SunX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
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