Funding you earn now, next payment 02:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.054%
Price spread now: Extended against Vest−0.064%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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.064% cheaper against Vest than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 117.38 | 0.0046 | pay 0.0006% / 1h | 21m 59s | — | $18K | 10x |
| Short | Extended BABA_24_5-USD | 117.30 | 0.0192 | get 0.0024% / 1h | 21m 59s | $43K | $366K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: −0.064% → 0.000%
- −$6.4
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $17.33
- Costs to cover
- 0.070%
- Break-even
- 3.1 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 45 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 Extended live order book, 45 min ago | 1.71 bp | 11.2 bp −$11 | 162.0 bp −$1,620 | 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 | 117.22 | −0.133% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.33 | −0.043% | $2.2M | $566K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.35 | −0.026% | $1.5M | $1.6M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.29 | −0.077% | $690 | $3.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.85 | +0.400% | $38K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0023% | 8h | 117.29 | −0.077% | $3K | $228K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.29 | −0.077% | $386K | $45K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.16 | −0.187% | $424K | $498K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.312% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.18 | −0.170% | $1.2M | $4.6M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.59 | +0.179% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 117.38 | long leg | — | $18K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.18 | −0.170% | $12.2M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.06 | −0.273% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.51 | +0.111% | $242K | $371K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.29 | −0.077% | $611K | $531K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.13 | −0.213% | $2K | $532 | 10x | as long as short |
| Bitget BABAUSDT | +0.0115% | 8h | 117.32 | −0.051% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | +0.0156% | 8h | 117.67 | +0.243% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USDshort | +0.0192% | 1h | 117.30 | −0.064% | $43K | $366K | 10x | |
| Binance BABAUSDT | +0.0193% | 8h | 117.38 | −0.002% | $15.7M | $23.5M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.65 | +0.230% | $66K | $71K | 10x | as long as short |
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Bitget BABAUSDT
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA