Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Vest−0.060%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.060% cheaper against Vest than usual: you would sell low and buy high, −$6 on $10k if it 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 | 115.98 | 0.0046 | pay 0.0006% / 1h | 12m 31s | — | $9K | 10x |
| Short | Polymarket Perps BABA-USD | 115.91 | 0.0050 | get 0.0006% / 1h | 12m 31s | $10K | $263K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0.91
- Price spread: −0.060% → 0.000%
- −$6.04
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.13
- Costs to cover
- 0.100%
- Break-even
- 123.7 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 9 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 Polymarket Perps live order book, 9 min ago | 2.16 bp | 7.5 bp −$7 | 8.6 bp −$86 | 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 | 116.09 | +0.092% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.93 | −0.043% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.99 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 115.98 | 0.000% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.01 | +0.026% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.98 | 0.000% | $797 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.10 | +0.103% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0031% | 8h | 116.03 | +0.039% | $3K | $271K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.11 | +0.112% | $384K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.93 | −0.043% | $445K | $595K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.121% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.96 | −0.017% | $1.2M | $5.0M | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 115.98 | long leg | — | $9K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.94 | −0.034% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USDshort | +0.0050% | 1h | 115.91 | −0.060% | $10K | $263K | 10x | |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.91 | −0.060% | $249K | $336K | 10x | as long as short |
| Binance BABAUSDT | +0.0051% | 8h | 115.98 | 0.000% | $15.4M | $21.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0056% | 1h | 115.97 | −0.010% | $42K | $383K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.87 | −0.095% | $601K | $676K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.99 | +0.009% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.07 | +0.078% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.96 | −0.017% | $79K | $93K | 10x | as long as short |
Polymarket Perps BABA-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Binance BABAUSDT
Extended BABA_24_5-USD
KuCoin BABAUSDTM
Phoenix BABA