Funding you earn now, next payment 08:00 UTC+0.0146%/8h= +16.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.054%
Price spread now: Variational Omni against Gate+0.019%7-day average +0.009% · 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)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.019%, 7d avg +0.009%
=Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABA_USDT | 116.37 | 0 | get 0.0000% / 8h | 7h 34m | $1.4M | $1.6M | 50x |
| Short | Variational Omni BABA | 116.39 | 0.0146 | get 0.0146% / 8h | 7h 34m | $301K | $619K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- $30.73
- Price spread: +0.019% → +0.009%
- $0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $16.69
- Costs to cover
- 0.150%
- Break-even
- 3.2 days
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 39 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 Gate live order book, 3 min ago | 3.01 bp | 15.9 bp −$16 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 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 | 116.38 | +0.005% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.40 | +0.026% | $2.2M | $584K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 116.37 | long leg | $1.4M | $1.6M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.39 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.36 | −0.009% | $630 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.40 | +0.026% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.31 | −0.052% | $444K | $482K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.455% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.33 | −0.034% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.28 | −0.077% | $12.1M | $2.9M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.26 | −0.095% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.30 | −0.060% | $239K | $342K | 10x | as long as short |
| Lighter BABA | +0.0072% | 1h | 116.50 | +0.112% | $385K | $50K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.37 | 0.000% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.33 | −0.034% | $603K | $551K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.38 | +0.009% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0104% | 8h | 116.43 | +0.052% | $3K | $243K | 10x | as long as short |
| Variational Omni BABAshort | +0.0146% | 8h | 116.39 | +0.019% | $301K | $619K | — | |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.35 | −0.020% | $44K | $488K | 10x | as long as short |
| Binance BABAUSDT | +0.0209% | 8h | 116.37 | −0.001% | $15.4M | $21.6M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.37 | 0.000% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.37 | 0.000% | $75K | $101K | 10x | as long as short |
Gate BABA_USDT
Variational Omni BABA
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Lighter BABA
KuCoin BABAUSDTM
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA