Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Vest against QFEX−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 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.051% cheaper against QFEX 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 | QFEX BABA-USD | 116.72 | 0.0044 | pay 0.0005% / 1h | 34m 52s | $1.3M | $3.0M | 10x |
| Short | Vest BABA-USD-PERP | 116.66 | 0.0046 | get 0.0006% / 1h | 34m 52s | — | $19K | 10x |
QFEX BABA-USD
Vest BABA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against QFEX. 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
- $0.35
- Price spread: −0.051% → 0.000%
- −$5.14
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$16.79
- Costs to cover
- 0.120%
- Break-even
- 340.1 days
Slippage unknown: QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 1.71 bp | 8.2 bp −$8 | 12.4 bp −$124 | 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 | 116.68 | −0.037% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.78 | +0.051% | $2.1M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.75 | +0.026% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.74 | +0.017% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.74 | +0.017% | $887 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.88 | +0.137% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0013% | 8h | 116.71 | −0.009% | $2K | $190K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.78 | +0.051% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.75 | +0.026% | $434K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.754% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0040% | 8h | 116.74 | +0.015% | $336K | $779K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.62 | −0.086% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USDlong | +0.0044% | 1h | 116.72 | long leg | $1.3M | $3.0M | 10x | |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 116.66 | −0.051% | — | $19K | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.64 | −0.069% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.64 | −0.069% | $229K | $427K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0053% | 1h | 116.68 | −0.034% | $11.7M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.68 | −0.034% | $607K | $382K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.72 | 0.000% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.75 | +0.022% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0105% | 8h | 116.78 | +0.051% | $15.1M | $32.3M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.69 | −0.026% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA