Funding you earn now, next payment 00:00 UTC+0.0101%/8h= +11.0% APRnext payment +$1.01 per $10,000 · paid last 24h +0.041%
Price spread now: Variational Omni against SunX−0.035%7-day average −0.001% · 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)+0.041%+$4 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now −0.035%, 7d avg −0.001%
=Together, before fees−0.008%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.041% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 116.36 | 0 | get 0.0000% / 8h | 19m 36s | $699 | $4.2M | 20x |
| Short | Variational Omni BABA | 116.32 | 0.0101 | get 0.0101% / 8h | 19m 36s | $301K | $620K | — |
SunX BABA-USDT
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SunX. 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
- $21.15
- Price spread: −0.035% → −0.001%
- −$3.43
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $9.72
- Costs to cover
- 0.080%
- Break-even
- 3.8 days
Slippage unknown: SunX: live order book, 8 min ago; Variational Omni: RFQ quote, 59 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 SunX live order book, 8 min ago | 45.15 bp | 63.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 2.54 bp | doesn't fit | 23.1 bp −$231 | 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 | 116.28 | −0.067% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.36 | 0.000% | $2.2M | $601K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.37 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.37 | +0.009% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 116.36 | long leg | $699 | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.38 | +0.017% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.36 | 0.000% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.447% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.24 | −0.103% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.33 | −0.026% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.25 | −0.095% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.10 | −0.223% | $242K | $353K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.26 | −0.086% | $603K | $583K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.35 | −0.009% | $2K | $1K | 10x | as long as short |
| Variational Omni BABAshort | +0.0101% | 8h | 116.32 | −0.035% | $301K | $620K | — | |
| GRVT BABA_USDT_Perp | +0.0109% | 8h | 116.30 | −0.049% | $2K | $246K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.55 | +0.163% | $385K | $50K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0142% | 1h | 116.29 | −0.060% | $12.1M | $3.1M | 10x | as long as short |
| Binance BABAUSDT | +0.0184% | 8h | 116.38 | +0.019% | $15.4M | $21.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0184% | 1h | 116.37 | +0.005% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.36 | 0.000% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.36 | 0.000% | $77K | $97K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_Perp
Lighter BABA
tradeXYZ xyz:BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD