Funding you earn now, next payment 10:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h −0.024%
Price spread now: tradeXYZ against Variational Omni−0.104%7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.104%, 7d avg −0.097%
=Together, before fees+0.072%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$5 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 | 119.27 | 0.0231 | pay 0.0231% / 8h | 6h 15m | $363K | $662K | — |
| Short | tradeXYZ xyz:BABA | 119.15 | 0.0050 | get 0.0006% / 1h | 15m 10s | $12.0M | $4.8M | 10x |
Variational Omni BABA
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$38
- Price spread: −0.104% → −0.097%
- −$0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.75
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; tradeXYZ: live order book, 7 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, 37 min ago | 2.49 bp | doesn't fit | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.84 bp | 11.2 bp −$11 | 16.4 bp −$164 | 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 | 119.07 | −0.173% | $69K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.34 | +0.055% | $2.2M | $717K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.26 | −0.012% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.32 | +0.038% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.31 | +0.030% | $821 | $2.7M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.02 | −0.213% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.29 | +0.013% | $382K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.17 | −0.087% | $434K | $517K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.879% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.26 | −0.012% | — | $19K | 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
Vest BABA-USD-PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 119.15 | −0.104% | $12.0M | $4.8M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.10 | −0.146% | $8K | $184K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.21 | −0.054% | $219K | $440K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 119.21 | −0.054% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.12 | −0.129% | $621K | $493K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.19 | −0.071% | $2K | $798 | 10x | as long as short |
| Variational Omni BABAlong | +0.0231% | 8h | 119.27 | long leg | $363K | $662K | — | |
| Phoenix BABA | +0.0271% | 1h | 119.21 | −0.054% | $67K | $88K | 10x | as long as short |
| Binance BABAUSDT | +0.0271% | 8h | 119.29 | +0.015% | $15.1M | $33.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0272% | 1h | 119.26 | −0.008% | $46K | $314K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0291% | 8h | 118.98 | −0.246% | $3K | $180K | 10x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 119.16 | −0.096% | $71K | $135K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD
GRVT BABA_USDT_Perp
Arcus BABA-USD