Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against KuCoin+0.350%7-day average +0.083% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.046%−$5 on $10k
+Price spread, last 3 days (all we have)−0.265%−$26 · spread now +0.350%, 7d avg +0.083%
=Together, before fees−0.310%+ Points / potential airdropVariational Omni: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.267% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.87 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $607K | $537K | 20x |
| Short | Variational Omni BABA | 117.28 | 0.0155 | get 0.0155% / 8h | 6h 58m | $303K | $619K | — |
KuCoin BABAUSDTM
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $11.64
- Price spread: +0.350% → +0.083%
- $26.73
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $26.37
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 55 min ago; Variational Omni: RFQ quote, 11 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 KuCoin live order book, 55 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 11 min ago | 3.21 bp | doesn't fit | 17.9 bp −$179 | doesn't fit | doesn't fit |
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 | +0.008% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.91 | +0.034% | $2.2M | $592K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.95 | +0.068% | $1.4M | $1.4M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.96 | +0.077% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.09 | +0.188% | $596 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.11 | +0.205% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.00 | +0.111% | $386K | $44K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.881% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.89 | +0.017% | $1.2M | $4.8M | 10x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.00 | +0.111% | $74K | $102K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
QFEX BABA-USD
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.94 | +0.060% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.81 | −0.051% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.82 | −0.043% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.87 | 0.000% | $238K | $357K | 10x | as long as short |
| Lighter RH BABA | +0.0064% | 1h | 116.86 | −0.009% | $422K | $494K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0071% | 8h | 117.28 | +0.352% | $3K | $232K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.87 | long leg | $607K | $537K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.91 | +0.034% | $1K | $1K | 10x | as long as short |
| Variational Omni BABAshort | +0.0155% | 8h | 117.28 | +0.350% | $303K | $619K | — | |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.93 | +0.052% | $47K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0212% | 8h | 116.90 | +0.026% | $15.4M | $22.8M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 117.05 | +0.154% | $66K | $61K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Lighter RH BABA
GRVT BABA_USDT_Perp
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA