Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.035%
Price spread now: Bitget against Variational Omni+0.020%7-day average +0.029% · 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)−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.020%, 7d avg +0.029%
=Together, before fees+0.038%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BABA | 116.69 | 0.0039 | pay 0.0039% / 8h | 38m 43s | $336K | $779K | — |
| Short | Bitget BABAUSDT | 116.71 | 0 | get 0.0000% / 8h | 38m 43s | $2.3M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. 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
- −$8.11
- Price spread: +0.020% → +0.029%
- −$0.9
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.01
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Bitget: live order book, 3 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 Variational Omni RFQ quote, just now | 2.53 bp | doesn't fit | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.00 bp | 15.2 bp −$15 | 109.8 bp −$1,098 | 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 | 116.64 | −0.044% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.73 | +0.037% | $2.1M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.71 | +0.020% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 116.71 | +0.020% | $2.3M | $1.9M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 116.70 | +0.011% | $927 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.72 | +0.028% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0012% | 8h | 116.71 | +0.020% | $2K | $190K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.75 | +0.054% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.72 | +0.028% | $434K | $503K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.726% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABAlong | +0.0039% | 8h | 116.69 | long leg | $336K | $779K | — | |
| Arcus BABA-USD | +0.0040% | 1h | 116.60 | −0.075% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.68 | −0.006% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.61 | −0.066% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.62 | −0.058% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.65 | −0.032% | $229K | $427K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0056% | 1h | 116.65 | −0.032% | $11.7M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.63 | −0.049% | $606K | $382K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.69 | +0.002% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0102% | 8h | 116.74 | +0.045% | $15.1M | $32.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.71 | +0.021% | $47K | $312K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.65 | −0.032% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Bitget BABAUSDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA