Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.006%
Price spread now: Vest against Bitget−0.171%51s7-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 pays, the price is against you. Vest is 0.171% cheaper against Bitget than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$1 a day). The two prices were read 51 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 | Bitget BABAUSDT | 117.09 | 0 | get 0.0000% / 8h | 7h 02m | $2.5M | $1.3M | 20x |
| Short | Vest BABA-USD-PERP | 116.89 | 0.0046 | get 0.0006% / 1h | 2m 44s | — | $18K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bitget. 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
- $9.59
- Price spread: −0.171% → 0.000%
- −$17.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$21.49
- Costs to cover
- 0.140%
- Break-even
- 22.7 days
Slippage unknown: Bitget: live order book, 5 min ago; Vest: 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 Bitget live order book, 5 min ago | 1.28 bp | 14.2 bp −$14 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 | 116.88 | −0.176% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.22 | +0.111% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.09 | 0.000% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 117.09 | long leg | $2.5M | $1.3M | 20x | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.91 | −0.153% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.93 | −0.137% | $795 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.87 | −0.188% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.19 | +0.085% | $387K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.08 | −0.009% | $423K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.068% | $11K | $26K | 12x | 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-PERPshort | +0.0046% | 1h | 116.89 | −0.171% | — | $18K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.01 | −0.068% | $12.2M | $3.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.84 | −0.214% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.10 | +0.009% | $234K | $359K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.91 | −0.154% | $1.2M | $4.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.94 | −0.128% | $608K | $539K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.96 | −0.111% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 116.80 | −0.245% | $302K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.19 | +0.089% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0208% | 8h | 117.12 | +0.026% | $15.5M | $22.6M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.94 | −0.128% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.88 | −0.179% | $73K | $102K | 10x | as long as short |
Bitget BABAUSDT
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
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA