BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h +0.044%

Price spread now: Variational Omni against Gate−0.008%7-day average +0.011% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.008%, 7d avg +0.011%

Together, before fees−0.038%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABA_USDT	117.21	0	get 0.0000% / 8h	7h 30m	$1.5M	$1.9M	50x
Short	Variational Omni BABA	117.20	0.0151	get 0.0151% / 8h	7h 30m	$337K	$722K	—

Funding history

latest

Range statsloading…

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.008%Rate

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	2.56 bp	19.1 bp −$19	117.0 bp −$1,170	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.88 bp	doesn't fit	18.8 bp −$188	doesn't fit	doesn't fit

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	117.12	−0.079%	$68K	$41K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.19	−0.017%	$2.1M	$728K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	117.21	long leg	$1.5M	$1.9M	50x
Bitget BABAUSDT	0.0000%	8h	117.18	−0.026%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	117.21	0.000%	$585	$2.8M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	117.29	+0.068%	$30K	$19K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.28	+0.060%	$373K	$71K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	117.18	−0.026%	$436K	$494K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.169%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.15	−0.051%	$70K	$140K	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-PERP	+0.0046%	1h	117.16	−0.043%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.11	−0.085%	$8K	$281K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.14	−0.060%	$231K	$420K	10x	as long as short
QFEX BABA-USD	+0.0080%	1h	117.22	+0.009%	$1.2M	$2.9M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	117.13	−0.068%	$612K	$414K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.21	0.000%	$2K	$798	10x	as long as short
tradeXYZ xyz:BABA	+0.0120%	1h	117.13	−0.068%	$12.0M	$4.6M	10x	as long as short
Variational Omni BABAshort	+0.0151%	8h	117.20	−0.008%	$337K	$722K	—
Extended BABA_24_5-USD	+0.0200%	1h	117.17	−0.035%	$47K	$312K	10x	as long as short
Binance BABAUSDT	+0.0201%	8h	117.20	−0.009%	$15.3M	$31.3M	20x	as long as short
Phoenix BABA	+0.0273%	1h	117.18	−0.026%	$66K	$89K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0503%	8h	117.28	+0.057%	$3K	$183K	10x	as long as short