Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against KuCoin+0.040%7-day average +0.085% · 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)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.040%, 7d avg +0.085%
=Together, before fees−0.090%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.085%). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.18 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $610K | $532K | 20x |
| Short | Variational Omni BABA | 117.23 | 0.0160 | get 0.0160% / 8h | 6h 38m | $303K | $619K | — |
KuCoin BABAUSDTM
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $12.56
- Price spread: +0.040% → +0.085%
- −$4.46
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.9
- Costs to cover
- 0.120%
- Break-even
- 9.2 days
Slippage unknown: KuCoin: live order book, 74 min ago; Variational Omni: RFQ quote, 30 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 KuCoin live order book, 74 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 30 min ago | 3.21 bp | doesn't fit | 17.9 bp −$179 | 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 | 117.20 | +0.020% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.37 | +0.162% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.34 | +0.137% | $1.4M | $1.5M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.34 | +0.137% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.31 | +0.111% | $814 | $4.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.33 | +0.128% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.42 | +0.205% | $387K | $44K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.24 | +0.051% | $423K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.144% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 117.23 | +0.043% | $1.2M | $4.7M | 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
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.09 | −0.077% | $74K | $101K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.18 | 0.000% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.29 | +0.094% | $12.3M | $3.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.15 | −0.026% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.08 | −0.085% | $238K | $369K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0064% | 8h | 117.12 | −0.055% | $3K | $230K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.18 | long leg | $610K | $532K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.28 | +0.085% | $1K | $1K | 10x | as long as short |
| Variational Omni BABAshort | +0.0160% | 8h | 117.23 | +0.040% | $303K | $619K | — | |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.102% | $66K | $71K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 117.32 | +0.117% | $43K | $370K | 10x | as long as short |
| Binance BABAUSDT | +0.0210% | 8h | 117.35 | +0.147% | $15.6M | $23.3M | 20x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Extended BABA_24_5-USD
Binance BABAUSDT