Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.035%
Price spread now: Bitget against Variational Omni−0.021%7-day average +0.029% · 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)−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.021%, 7d avg +0.029%
=Together, before fees+0.021%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.050% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| 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 | Bitget BABAUSDT | 116.93 | 0 | get 0.0000% / 8h | 1h 04m | $2.3M | $1.9M | 20x |
Variational Omni BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.83
- Price spread: −0.021% → +0.029%
- −$4.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.79
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Bitget: live order book, 3 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 Variational Omni RFQ quote, 40 min ago | 2.52 bp | doesn't fit | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.14 bp | 11.1 bp −$11 | doesn't fit | 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 | 117.00 | +0.038% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.94 | −0.012% | $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 BABAUSDTshort | 0.0000% | 8h | 116.93 | −0.021% | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 116.96 | +0.005% | $881 | $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 | 117.06 | +0.090% | $373K | $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 |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 116.95 | −0.004% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0114% | 8h | 116.92 | −0.028% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 116.91 | −0.041% | $44K | $293K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.92 | −0.030% | $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