Funding you earn now, next payment 06:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Injective against Vest−1.430%110s7-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
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 1.430% cheaper against Vest than usual: you would sell low and buy high (−$143 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 117.52 | 0.0046 | pay 0.0006% / 1h | 13m 31s | — | $19K | 10x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 13m 31s | $11K | $26K | 12x |
Vest BABA-USD-PERP
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$2.59
- Price spread: −1.430% → 0.000%
- −$142.95
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$147.57
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Vest and Injective: 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 | 117.89 | +0.313% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.61 | +0.077% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.63 | +0.094% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.65 | +0.111% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.53 | +0.009% | $786 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.69 | +0.145% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.61 | +0.077% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.52 | 0.000% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −1.430% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.55 | +0.026% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
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 | 117.52 | long leg | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.53 | +0.009% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.55 | +0.026% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.43 | −0.077% | $238K | $401K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.60 | +0.068% | $1.2M | $3.3M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.63 | +0.098% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.50 | −0.017% | $611K | $424K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.61 | +0.077% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0106% | 8h | 117.63 | +0.090% | $265K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0176% | 8h | 117.67 | +0.128% | $15.6M | $31.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.61 | +0.074% | $44K | $355K | 10x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.55 | +0.026% | $66K | $90K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA