BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.054%

Price spread now: Aster against Variational Omni+0.027%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

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 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.027% dearer against Variational Omni than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BABA	116.95	0.0042	pay 0.0042% / 8h	1h 04m	$364K	$747K	—
Short	Aster BABAUSDT	116.99	0	get 0.0000% / 8h	1h 04m	$68K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$8.83
Price spread: +0.027% → 0.000%: $2.71
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$14.12
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Aster: 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 Variational Omni RFQ quote, 40 min ago	2.52 bp	doesn't fit	12.6 bp −$126	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 BABAUSDTshort	0.0000%	8h	116.99	+0.027%	$68K	$36K	20x
Bybit BABAUSDT	0.0000%	8h	116.91	−0.038%	$2.1M	$732K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.94	−0.012%	$1.5M	$2.1M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.93	−0.021%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.94	−0.012%	$769	$3.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.99	+0.030%	$30K	$19K	20x	as long as short
GRVT BABA_USDT_Perp	+0.0022%	8h	117.02	+0.052%	$2K	$192K	10x	as long as short
Lighter BABA	+0.0032%	1h	116.98	+0.022%	$372K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.91	−0.038%	$434K	$512K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.953%	$11K	$26K	12x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BABA-USD	+0.0040%	1h	116.91	−0.038%	$71K	$110K	10x	as long as short
Variational Omni BABAlong	+0.0042%	8h	116.95	long leg	$364K	$747K	—
Vest BABA-USD-PERP	+0.0046%	1h	116.92	−0.030%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.83	−0.106%	$11.7M	$4.4M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.86	−0.081%	$8K	$285K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.86	−0.081%	$229K	$427K	10x	as long as short
QFEX BABA-USD	+0.0063%	1h	116.94	−0.012%	$1.3M	$3.0M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.89	−0.055%	$608K	$381K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.93	−0.021%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0112%	1h	116.89	−0.056%	$44K	$293K	10x	as long as short
Binance BABAUSDT	+0.0114%	8h	116.91	−0.037%	$15.1M	$32.5M	20x	as long as short
Phoenix BABA	+0.0204%	1h	116.92	−0.030%	$65K	$89K	10x	as long as short