Funding you earn now, next payment 06:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.006%
Price spread now: Bitget against Vest+0.076%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.076% dearer against Vest than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 118.23 | 0.0046 | pay 0.0006% / 1h | 56m 27s | — | $19K | 10x |
| Short | Bitget BABAUSDT | 118.32 | 0.0192 | get 0.0192% / 8h | 2h 56m | $2.4M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $30.73
- Price spread: +0.076% → 0.000%
- $7.61
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $24.34
- Costs to cover
- 0.140%
- Break-even
- 1.5 days
Slippage unknown: Vest: no order-book sample; Bitget: live order book, 1 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 2.96 bp | 13.6 bp −$14 | 48.4 bp −$484 | doesn't fit | doesn't fit |
Vest: 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 | 118.30 | +0.059% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.15 | −0.068% | $2.1M | $708K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.16 | −0.059% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.04 | −0.161% | $820 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.29 | +0.051% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.15 | −0.068% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.11 | −0.101% | $437K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.021% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.11 | −0.101% | $72K | $110K | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 118.23 | long leg | — | $19K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.07 | −0.135% | $11.9M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.21 | −0.017% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.09 | −0.118% | $238K | $408K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0051% | 8h | 118.33 | +0.085% | $3K | $194K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 118.25 | +0.017% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0080% | 8h | 118.28 | +0.046% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.00 | −0.195% | $615K | $447K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.02 | −0.178% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0158% | 8h | 118.30 | +0.059% | $15.6M | $30.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 118.13 | −0.086% | $43K | $356K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0192% | 8h | 118.32 | +0.076% | $2.4M | $1.7M | 20x | |
| Phoenix BABA | +0.0203% | 1h | 118.03 | −0.169% | $66K | $90K | 10x | as long as short |
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA