Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Bybit+0.042%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.042% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 118.25 | 0 | get 0.0000% / 8h | 3h 16m | $2.1M | $706K | 25x |
| Short | Vest BABA-USD-PERP | 118.30 | 0.0046 | get 0.0006% / 1h | 16m 34s | — | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Bybit. 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
- $9.59
- Price spread: +0.042% → 0.000%
- $4.23
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $0.82
- Costs to cover
- 0.130%
- Break-even
- 6.4 days
Slippage unknown: Bybit: live order book, just now; 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 Bybit live order book, just now | 2.11 bp | 15.5 bp −$16 | 105.7 bp −$1,057 | 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 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 | 118.38 | +0.108% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 118.25 | long leg | $2.1M | $706K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 118.29 | +0.034% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.28 | +0.025% | $804 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.31 | +0.051% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 118.41 | +0.135% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.36 | +0.093% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.27 | +0.017% | $437K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.038% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.27 | +0.017% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 118.30 | +0.042% | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.20 | −0.042% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.19 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.13 | −0.101% | $237K | $406K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.21 | −0.034% | $1.2M | $3.7M | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 118.40 | +0.126% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.17 | −0.068% | $615K | $460K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.26 | +0.008% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.25 | −0.003% | $43K | $354K | 10x | as long as short |
| Binance BABAUSDT | +0.0132% | 8h | 118.28 | +0.025% | $15.6M | $30.7M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.24 | −0.008% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0270% | 8h | 118.31 | +0.051% | $2.4M | $1.7M | 20x | as long as short |
Bybit BABAUSDT
Aster BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT