Funding you earn now, next payment 07:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.058%
Price spread now: Binance against Vest+0.108%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.108% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 116.94 | 0.0046 | pay 0.0006% / 1h | 15m 12s | — | $19K | 10x |
| Short | Binance BABAUSDT | 117.07 | 0.0111 | get 0.0111% / 8h | 1h 15m | $15.1M | $32.6M | 20x |
Vest BABA-USD-PERP
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Vest. 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
- $13.79
- Price spread: +0.108% → 0.000%
- $10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.61
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: Vest: no order-book sample; Binance: live order book, 11 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 Vest no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.86 bp | 8.5 bp −$8 | 25.3 bp −$253 | 66.7 bp −$6,667 | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 117.08 | +0.117% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.01 | +0.060% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.04 | +0.086% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.06 | +0.103% | $2.4M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.08 | +0.120% | $551 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.09 | +0.128% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0020% | 8h | 116.99 | +0.043% | $2K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.02 | +0.068% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.94 | 0.000% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.941% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0035% | 8h | 116.96 | +0.021% | $364K | $753K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.91 | −0.026% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 116.94 | long leg | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.92 | −0.017% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.91 | −0.026% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.86 | −0.068% | $224K | $425K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.96 | +0.017% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.92 | −0.017% | $609K | $383K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.97 | +0.026% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDTshort | +0.0111% | 8h | 117.07 | +0.108% | $15.1M | $32.6M | 20x | |
| Extended BABA_24_5-USD | +0.0112% | 1h | 117.02 | +0.068% | $44K | $308K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.92 | −0.017% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA