Funding you earn now, next payment 09:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Vest−0.026%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.026% cheaper against Vest than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BABA-USD-PERP | 117.23 | 0.0046 | pay 0.0006% / 1h | 34m 16s | — | $19K | 10x |
| Short | tradeXYZ xyz:BABA | 117.20 | 0.0131 | get 0.0016% / 1h | 34m 16s | $12.0M | $4.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $17.99
- Price spread: −0.026% → 0.000%
- −$2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$4.57
- Costs to cover
- 0.200%
- Break-even
- 8.8 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: 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 Vest no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 3 min ago | 0.85 bp | 11.4 bp −$11 | 14.5 bp −$145 | 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 | 117.13 | −0.087% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.28 | +0.043% | $2.1M | $727K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.31 | +0.068% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.28 | +0.043% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.31 | +0.068% | $976 | $2.8M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.37 | +0.119% | $374K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.27 | +0.034% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.186% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.20 | −0.026% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 117.23 | long leg | — | $19K | 10x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.12 | −0.094% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.28 | +0.043% | $232K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.27 | +0.034% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.16 | −0.060% | $613K | $410K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.32 | +0.077% | $2K | $798 | 10x | as long as short |
| HTX BABA-USDT | +0.0118% | 8h | 117.37 | +0.119% | $30K | $19K | 20x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0131% | 1h | 117.20 | −0.026% | $12.0M | $4.6M | 10x | |
| Variational Omni BABA | +0.0146% | 8h | 117.30 | +0.060% | $337K | $722K | — | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 117.27 | +0.037% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0204% | 8h | 117.33 | +0.081% | $15.3M | $31.3M | 20x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.23 | 0.000% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0553% | 8h | 117.32 | +0.077% | $3K | $183K | 10x | as long as short |
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
HTX BABA-USDT
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp