Funding you earn now, next payment 01:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Extended+0.027%7-day average +0.028% · 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)−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.027%, 7d avg +0.028%
=Together, before fees−0.049%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 116.40 | 0.0200 | pay 0.0025% / 1h | 27m 46s | $42K | $492K | 10x |
| Short | Variational Omni BABA | 116.43 | 0.0143 | get 0.0143% / 8h | 7h 27m | $301K | $619K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$11.89
- Price spread: +0.027% → +0.028%
- −$0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.92
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 45 min ago; Variational Omni: RFQ quote, 46 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 Extended live order book, 45 min ago | 3.01 bp | 12.6 bp −$13 | 66.3 bp −$663 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 46 min ago | 2.53 bp | doesn't fit | 28.1 bp −$281 | 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 | 116.42 | +0.023% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.47 | +0.064% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.44 | +0.038% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.40 | +0.004% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.42 | +0.020% | $3K | $235K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.42 | +0.021% | $602 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.48 | +0.073% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.52 | +0.107% | $385K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.37 | −0.022% | $444K | $482K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.477% | $11K | $26K | 12x | 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-PERP | +0.0046% | 1h | 116.39 | −0.004% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.38 | −0.013% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.33 | −0.056% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.25 | −0.125% | $239K | $342K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.42 | +0.021% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.34 | −0.047% | $604K | $547K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.43 | +0.030% | $2K | $798 | 10x | as long as short |
| Variational Omni BABAshort | +0.0143% | 8h | 116.43 | +0.027% | $301K | $619K | — | |
| Binance BABAUSDT | +0.0198% | 8h | 116.42 | +0.023% | $15.4M | $21.6M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0200% | 1h | 116.40 | long leg | $42K | $492K | 10x | |
| Phoenix BABA | +0.0343% | 1h | 116.41 | +0.013% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.40 | +0.004% | $75K | $100K | 10x | as long as short |
Extended BABA_24_5-USD
Variational Omni BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Binance BABAUSDT
Phoenix BABA