Funding you earn now, next payment 23:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Orderly against Vest+0.069%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 +$2 a day on $10k at the current rate, and Orderly is 0.069% dearer against Vest than usual: you sell high and buy low: +$7 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 | 116.02 | 0.0046 | pay 0.0006% / 1h | 19m 17s | — | $9K | 10x |
| Short | Orderly PERP_BABA_USDC_mythos | 116.10 | 0.0100 | get 0.0100% / 8h | 1h 19m | $2K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $11.41
- Price spread: +0.069% → 0.000%
- $6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.3
- Costs to cover
- 0.080%
- Break-even
- 0.7 days
Slippage unknown: Vest: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Vest and Orderly: 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 | 116.00 | −0.017% | $75K | $27K | 20x | as long as short |
| Extended BABA_24_5-USD | 0.0000% | 1h | 116.09 | +0.061% | $42K | $383K | 10x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.09 | +0.060% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.09 | +0.060% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.12 | +0.086% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.08 | +0.052% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.07 | +0.042% | $3K | $255K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.10 | +0.069% | $685 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.12 | +0.086% | $37K | $2K | 20x | as long as short |
| Binance BABAUSDT | +0.0002% | 8h | 116.11 | +0.080% | $15.4M | $21.1M | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.19 | +0.147% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.07 | +0.043% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.155% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.00 | −0.017% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 116.02 | long leg | — | $9K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.05 | +0.026% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.00 | −0.017% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.98 | −0.034% | $250K | $337K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.05 | +0.026% | $602K | $632K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 116.10 | +0.069% | $2K | $1K | 10x | |
| Phoenix BABA | +0.0276% | 1h | 116.05 | +0.026% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 116.09 | +0.060% | $79K | $93K | 10x | as long as short |
Aster BABAUSDT
Extended BABA_24_5-USD
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Binance BABAUSDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Phoenix BABA