Funding you earn now, next payment 02:00 UTC+0.0162%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.051%
Price spread now: Extended against Vest−0.039%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.039% cheaper against Vest than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 19 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 116.94 | 0.0046 | pay 0.0006% / 1h | 57m 46s | — | $18K | 10x |
| Short | Extended BABA_24_5-USD | 116.89 | 0.0208 | get 0.0026% / 1h | 57m 46s | $47K | $366K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Vest. 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
- $34.09
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $23.21
- Costs to cover
- 0.070%
- Break-even
- 2.2 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 10 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 Vest no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 10 min ago | 1.71 bp | 11.2 bp −$11 | 162.0 bp −$1,620 | doesn't fit | doesn't fit |
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 | 116.85 | −0.075% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.94 | 0.000% | $2.2M | $591K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.93 | −0.009% | $1.4M | $1.4M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.92 | −0.017% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.90 | −0.034% | $595 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.11 | +0.145% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.96 | +0.017% | $385K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.84 | −0.086% | $422K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.941% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.89 | −0.043% | $1.2M | $4.8M | 10x | 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 | 117.00 | +0.051% | $74K | $102K | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 116.94 | long leg | — | $18K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.82 | −0.103% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.82 | −0.103% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.87 | −0.060% | $238K | $357K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0071% | 8h | 117.28 | +0.291% | $3K | $232K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.84 | −0.086% | $607K | $537K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.91 | −0.026% | $1K | $1K | 10x | as long as short |
| Variational Omni BABA | +0.0155% | 8h | 117.28 | +0.290% | $303K | $619K | — | as long as short |
| Extended BABA_24_5-USDshort | +0.0208% | 1h | 116.89 | −0.039% | $47K | $366K | 10x | |
| Binance BABAUSDT | +0.0212% | 8h | 116.92 | −0.019% | $15.4M | $22.8M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 117.05 | +0.094% | $66K | $61K | 10x | as long as short |
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA