Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.119%
Price spread now: Vest against Arcus+0.176%51s7-day average — · you sell dearer than you buy
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 0.176% dearer against Arcus than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 119.56 | 0.0040 | pay 0.0005% / 1h | 46m 40s | $71K | $134K | 10x |
| Short | Vest BABA-USD-PERP | 119.77 | 0.0046 | get 0.0006% / 1h | 46m 40s | — | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Arcus. 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
- $1.13
- Price spread: +0.176% → 0.000%
- $17.56
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $12.2
- Costs to cover
- 0.065%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 64 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 Arcus live order book, 64 min ago | 4.63 bp | 10.5 bp −$10 | 11.0 bp −$110 | 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 exchanges
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 | 119.69 | +0.106% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.71 | +0.125% | $2.2M | $708K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.63 | +0.059% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.63 | +0.059% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.65 | +0.075% | $695 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.64 | +0.067% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.59 | +0.025% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.79 | +0.192% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.59 | +0.025% | $435K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.111% | $11K | $26K | 12x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USDlong | +0.0040% | 1h | 119.56 | long leg | $71K | $134K | 10x | |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 119.77 | +0.176% | — | $19K | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.58 | +0.017% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.63 | +0.059% | $212K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0060% | 1h | 119.60 | +0.033% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.66 | +0.084% | $623K | $522K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.65 | +0.075% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0212% | 8h | 119.64 | +0.065% | $3K | $182K | 10x | as long as short |
| Variational Omni BABA | +0.0221% | 8h | 119.63 | +0.062% | $374K | $672K | — | as long as short |
| Binance BABAUSDT | +0.0253% | 8h | 119.66 | +0.086% | $15.1M | $33.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0256% | 1h | 119.62 | +0.050% | $44K | $315K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.57 | +0.008% | $67K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
GRVT BABA_USDT_Perp
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA