Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Aster against Vest−0.092%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.092% cheaper against Vest than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 118.35 | 0.0046 | pay 0.0006% / 1h | 57m 51s | — | $19K | 10x |
| Short | Aster BABAUSDT | 118.24 | 0 | get 0.0000% / 8h | 3h 57m | $70K | $35K | 20x |
Vest BABA-USD-PERP
Aster BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Vest. 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
- −$9.59
- Price spread: −0.092% → 0.000%
- −$9.16
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$28.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Aster: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Vest and Aster: 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 BABAUSDTshort | 0.0000% | 8h | 118.24 | −0.092% | $70K | $35K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 118.32 | −0.025% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.32 | −0.025% | $1.5M | $1.9M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.37 | +0.014% | $3K | $193K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.34 | −0.008% | $869 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.118% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.39 | +0.034% | $377K | $73K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.121% | $11K | $26K | 12x | as long as short |
| Lighter RH BABA | +0.0040% | 1h | 118.32 | −0.025% | $438K | $507K | 10x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.29 | −0.051% | $72K | $109K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
Lighter RH BABA
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 118.35 | long leg | — | $19K | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.28 | −0.059% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.28 | −0.059% | $238K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.35 | 0.000% | $1.2M | $4.1M | 10x | as long as short |
| Variational Omni BABA | +0.0058% | 8h | 118.29 | −0.047% | $266K | $658K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0084% | 1h | 118.22 | −0.110% | $11.9M | $4.2M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.24 | −0.093% | $616K | $468K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.33 | −0.017% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.30 | −0.044% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0137% | 8h | 118.33 | −0.017% | $15.6M | $30.4M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.32 | −0.025% | $66K | $89K | 10x | as long as short |
| Bitget BABAUSDT | +0.0455% | 8h | 118.31 | −0.034% | $2.4M | $1.7M | 20x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT