Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Bybit against Vest−0.025%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.025% cheaper against Vest than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 117.71 | 0.0046 | pay 0.0006% / 1h | 5m 59s | — | $19K | 10x |
| Short | Bybit BABAUSDT | 117.68 | 0 | get 0.0000% / 8h | 2h 05m | $2.1M | $720K | 25x |
Vest BABA-USD-PERP
Bybit BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$9.59
- Price spread: −0.025% → 0.000%
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.14
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 3.40 bp | 11.9 bp −$12 | 77.5 bp −$775 | doesn't fit | 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 | 117.86 | +0.127% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDTshort | 0.0000% | 8h | 117.68 | −0.025% | $2.1M | $720K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 117.71 | 0.000% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.71 | 0.000% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.69 | −0.017% | $824 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.76 | +0.042% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.75 | +0.034% | $375K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.66 | −0.042% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.589% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.66 | −0.042% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 117.71 | long leg | — | $19K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.64 | −0.059% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.63 | −0.068% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.57 | −0.119% | $238K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.69 | −0.017% | $1.2M | $3.2M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0088% | 8h | 117.76 | +0.039% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.63 | −0.068% | $612K | $420K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.68 | −0.025% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0109% | 8h | 117.76 | +0.046% | $265K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0174% | 8h | 117.69 | −0.017% | $15.5M | $31.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.66 | −0.045% | $44K | $355K | 10x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.69 | −0.017% | $66K | $90K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA