Funding you earn now, next payment 16:00 UTC−0.0121%/8h= −13.2% APRnext payment −$1.21 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Variational Omni+0.021%7-day average −0.087% · 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)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.021%, 7d avg −0.087%
=Together, before fees−0.025%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.109% dearer against Variational Omni than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.087%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BABA | 119.63 | 0.0221 | pay 0.0221% / 8h | 5h 46m | $374K | $672K | — |
| Short | KuCoin BABAUSDTM | 119.66 | 0.0100 | get 0.0100% / 8h | 5h 46m | $623K | $522K | 20x |
Variational Omni BABA
KuCoin BABAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$25.4
- Price spread: +0.021% → −0.087%
- $10.87
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$26.53
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; KuCoin: live order book, 59 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 | 3.17 bp | doesn't fit | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 20.20 bp | 70.7 bp −$71 | doesn't fit | 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 | 119.69 | +0.044% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.71 | +0.063% | $2.2M | $708K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.63 | −0.004% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.63 | −0.004% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.65 | +0.013% | $695 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.64 | +0.005% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.59 | −0.037% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.79 | +0.130% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.59 | −0.037% | $435K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.172% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.56 | −0.062% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.77 | +0.113% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.58 | −0.046% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.63 | −0.004% | $212K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0060% | 1h | 119.60 | −0.029% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 119.66 | +0.021% | $623K | $522K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.65 | +0.013% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0212% | 8h | 119.64 | +0.003% | $3K | $182K | 10x | as long as short |
| Variational Omni BABAlong | +0.0221% | 8h | 119.63 | long leg | $374K | $672K | — | |
| Binance BABAUSDT | +0.0253% | 8h | 119.66 | +0.023% | $15.1M | $33.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0256% | 1h | 119.62 | −0.012% | $44K | $315K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.57 | −0.054% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABA
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA