Funding you earn now, next payment 08:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.058%
Price spread now: Vest against Binance−0.086%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.086% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BABAUSDT | 117.13 | 0.0148 | pay 0.0148% / 8h | 4m 25s | $15.3M | $31.9M | 20x |
| Short | Vest BABA-USD-PERP | 117.03 | 0.0046 | get 0.0006% / 1h | 4m 25s | — | $19K | 10x |
Binance BABAUSDT
Vest BABA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Binance. 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
- −$21.4
- Price spread: −0.086% → 0.000%
- −$8.59
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$41.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago | 1.71 bp | 10.2 bp −$10 | 22.2 bp −$222 | 81.6 bp −$8,161 | 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 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 | 117.01 | −0.107% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.13 | −0.001% | $2.1M | $716K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.18 | +0.042% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.13 | −0.001% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.15 | +0.017% | $720 | $3.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.19 | +0.051% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.16 | +0.025% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.11 | −0.018% | $436K | $504K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.102% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.05 | −0.069% | $70K | $140K | 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
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0044% | 1h | 117.11 | −0.018% | $1.2M | $2.9M | 10x | as long as short |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 117.03 | −0.086% | — | $19K | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.07 | −0.052% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.00 | −0.112% | $231K | $427K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0054% | 8h | 117.19 | +0.051% | $3K | $188K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0080% | 1h | 117.05 | −0.069% | $11.8M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0086% | 8h | 117.17 | +0.033% | $338K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.05 | −0.069% | $609K | $391K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.13 | −0.001% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 117.12 | −0.008% | $47K | $307K | 10x | as long as short |
| Binance BABAUSDTlong | +0.0148% | 8h | 117.13 | long leg | $15.3M | $31.9M | 20x | |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.060% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA