Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Vest−0.051%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 · tradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.051% cheaper against Vest than usual: you would sell low and buy high, −$5 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 | 117.85 | 0.0046 | pay 0.0006% / 1h | 51m 52s | — | $19K | 10x |
| Short | tradeXYZ xyz:BABA | 117.79 | 0.0050 | get 0.0006% / 1h | 51m 52s | $12.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: −0.051% → 0.000%
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$24.18
- Costs to cover
- 0.200%
- Break-even
- 193.6 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 1.27 bp | 11.2 bp −$11 | 14.4 bp −$144 | 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 | 117.83 | −0.018% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.81 | −0.034% | $2.2M | $578K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.85 | 0.000% | $1.5M | $1.6M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 117.98 | +0.107% | $3K | $222K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.87 | +0.017% | $917 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.94 | +0.076% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.96 | +0.093% | $388K | $46K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.80 | −0.042% | $427K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.706% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.82 | −0.025% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 117.85 | long leg | — | $19K | 10x | |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 117.79 | −0.051% | $12.1M | $3.5M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.78 | −0.059% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.75 | −0.085% | $236K | $374K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 117.82 | −0.025% | $1.2M | $4.5M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.78 | −0.059% | $613K | $523K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.86 | +0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0119% | 8h | 117.87 | +0.013% | $265K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0175% | 8h | 117.87 | +0.017% | $15.5M | $23.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.84 | −0.010% | $46K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 117.86 | +0.008% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0289% | 8h | 117.82 | −0.025% | $2.5M | $1.3M | 20x | as long as short |
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT