Funding you earn now, next payment 13:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.026%
Price spread now: Variational Omni against tradeXYZ+0.096%7-day average +0.093% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.096%, 7d avg +0.093%
=Together, before fees−0.059%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, 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 | tradeXYZ xyz:BABA | 119.39 | 0.0054 | pay 0.0007% / 1h | 22m 24s | $12.0M | $4.8M | 10x |
| Short | Variational Omni BABA | 119.50 | 0 | get 0.0000% / 8h | 3h 22m | $389K | $717K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$11.39
- Price spread: +0.096% → +0.093%
- $0.31
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$29.09
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; Variational Omni: RFQ quote, 15 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 tradeXYZ live order book, 10 min ago | 1.26 bp | 12.6 bp −$13 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 15 min ago | 2.51 bp | doesn't fit | 35.8 bp −$358 | doesn't fit | doesn't fit |
BABA on 22 exchanges
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 | 119.51 | +0.097% | $49K | $61K | 20x | as long as short |
| Extended BABA_24_5-USD | 0.0000% | 1h | 119.43 | +0.033% | $59K | $562K | 10x | as long as short |
| Binance BABAUSDT | 0.0000% | 8h | 119.46 | +0.061% | $14.8M | $35.3M | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.39 | 0.000% | $2.1M | $759K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.46 | +0.059% | $1.5M | $2.2M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.46 | +0.059% | $2.3M | $2.5M | 20x | as long as short |
| Variational Omni BABAshort | 0.0000% | 8h | 119.50 | +0.096% | $389K | $717K | — | |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.48 | +0.073% | $3K | $183K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.39 | 0.000% | $881 | $2.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.50 | +0.092% | $30K | $19K | 20x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0028% | 1h | 119.42 | +0.025% | $1.3M | $2.7M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.54 | +0.126% | $383K | $74K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.39 | 0.000% | $396K | $471K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.973% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.33 | −0.050% | $71K | $102K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.49 | +0.084% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.36 | −0.025% | $6K | $220K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.40 | +0.008% | $152K | $500K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0054% | 1h | 119.39 | long leg | $12.0M | $4.8M | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.32 | −0.059% | $633K | $662K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.47 | +0.067% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0268% | 1h | 119.47 | +0.067% | $67K | $120K | 10x | as long as short |
tradeXYZ xyz:BABA
Variational Omni BABA
Aster BABAUSDT
Extended BABA_24_5-USD
Binance 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
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Phoenix BABA