Funding you earn now, next payment 21:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.027%
Price spread now: Variational Omni against Vest−0.037%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
=Together, before fees—+ Points / potential airdropVest: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.037% cheaper against Vest than usual: you would sell low and buy high (−$4 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 | 115.99 | 0.0046 | pay 0.0006% / 1h | 31m 51s | — | $9K | 10x |
| Short | Variational Omni BABA | 115.95 | 0 | get 0.0000% / 8h | 3h 31m | $289K | $606K | — |
Vest BABA-USD-PERP
Variational Omni BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.037% → 0.000%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.32
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 17 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 Variational Omni RFQ quote, 17 min ago | 2.54 bp | doesn't fit | 39.8 bp −$398 | 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 | 116.04 | +0.039% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.00 | +0.009% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.04 | +0.043% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.01 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABAshort | 0.0000% | 8h | 115.95 | −0.037% | $289K | $606K | — | |
| SunX BABA-USDT | 0.0000% | 8h | 116.05 | +0.052% | $897 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.04 | +0.043% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.15 | +0.138% | $384K | $51K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.04 | +0.043% | $450K | $583K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.129% | $11K | $26K | 12x | 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 PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERPlong | +0.0046% | 1h | 115.99 | long leg | — | $9K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.99 | 0.000% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.94 | −0.043% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.90 | −0.078% | $248K | $328K | 10x | as long as short |
| QFEX BABA-USD | +0.0065% | 1h | 116.03 | +0.034% | $1.2M | $4.9M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0080% | 1h | 116.03 | +0.039% | $18K | $359K | 10x | as long as short |
| Binance BABAUSDT | +0.0082% | 8h | 116.05 | +0.052% | $15.5M | $19.9M | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0089% | 8h | 116.00 | +0.009% | $3K | $270K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.97 | −0.017% | $602K | $723K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.04 | +0.043% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0345% | 1h | 115.97 | −0.017% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0765% | 1h | 116.03 | +0.034% | $79K | $93K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Extended BABA_24_5-USD
Binance BABAUSDT
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD