Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.045%
Price spread now: Variational Omni against Injective+0.932%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.932% dearer against Injective than usual: you sell high and buy low, +$93 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 0m 26s | $11K | $26K | 12x |
| Short | Variational Omni BABA | 116.92 | 0.0037 | get 0.0037% / 8h | 1h 00m | $365K | $747K | — |
Injective BABA/USDC PERP
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $0.81
- Price spread: +0.932% → 0.000%
- $93.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $93.98
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 44 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 44 min ago | 2.52 bp | doesn't fit | 21.6 bp −$216 | doesn't fit | doesn't fit |
Injective: 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 | 116.99 | +0.996% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.93 | +0.941% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.95 | +0.958% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.99 | +0.993% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.93 | +0.941% | $744 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.99 | +0.993% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0017% | 8h | 116.96 | +0.967% | $2K | $192K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.01 | +1.010% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.91 | +0.924% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABAshort | +0.0037% | 8h | 116.92 | +0.932% | $365K | $747K | — | |
| Arcus BABA-USD | +0.0040% | 1h | 116.88 | +0.898% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.93 | +0.941% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.83 | +0.855% | $11.7M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.86 | +0.881% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.88 | +0.898% | $229K | $427K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.93 | +0.941% | $1.3M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.90 | +0.915% | $609K | $382K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.94 | +0.950% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0106% | 8h | 116.92 | +0.932% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.89 | +0.905% | $44K | $293K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.92 | +0.932% | $65K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA