Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD116.400.0200pay 0.0025% / 1h27m 46s$42K$492K10x
ShortVariational Omni BABA116.430.0143get 0.0143% / 8h7h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 45 min ago3.01 bp12.6 bp −$1366.3 bp −$663doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 46 min ago2.53 bpdoesn't fit28.1 bp −$281doesn't fitdoesn't fit

BABA on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.42+0.023%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.47+0.064%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h116.44+0.038%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.40+0.004%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perp0.0000%8h116.42+0.020%$3K$235K10xas long as short
SunX BABA-USDT0.0000%8h116.42+0.021%$602$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.48+0.073%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.52+0.107%$385K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.37−0.022%$444K$482K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.477%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.39−0.004%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.38−0.013%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.33−0.056%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.25−0.125%$239K$342K10xas long as short
QFEX BABA-USD+0.0072%1h116.42+0.021%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.34−0.047%$604K$547K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.43+0.030%$2K$79810xas long as short
Variational Omni BABAshort+0.0143%8h116.43+0.027%$301K$619K
Binance BABAUSDT+0.0198%8h116.42+0.023%$15.4M$21.6M20xas long as short
Extended BABA_24_5-USDlong+0.0200%1h116.40long leg$42K$492K10x
Phoenix BABA+0.0343%1h116.41+0.013%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.40+0.004%$75K$100K10xas long as short