BABA funding rates
BABA perpetual funding is currently quoted across 13 venues, ranging from -33.2% to +17.5% APR. The most reliable delta-neutral pairing for BABA right now is long Variational / short Phoenix at +14.0% net APR (low risk, ~1.7d to break even).
as of 2026-10-27 21:43 UTC
Best delta-neutral pairing
Long Variational / Short Phoenix
+14.0% net APR
- Backtested (30d)
- +14.3%
- Stability
- 82.5%
- Risk
- low
- Breakeven
- ~1.7d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeBABA funding by exchange
| Exchange | Funding APR |
|---|---|
| Phoenix | +17.47% |
| Decibel | +9.64% |
| QFEX | +8.76% |
| Lighter | +7.88% |
| Ondo | +5.52% |
| TradeXYZ | +5.48% |
| Polymarket | +5.47% |
| Lighter RH | +3.50% |
| Variational | +0.00% |
| Aster | +0.00% |
| Grvt | +0.00% |
| Extended | +0.00% |
| Arcus | -33.18% |
Frequently asked
What is the BABA funding rate right now?
BABA perpetual funding ranges from -33.18% to 17.47% APR across 13 exchanges we track; the widest delta-neutral spread is long Variational / short Phoenix at 14.0% net APR.
Which exchange has the highest BABA funding rate?
Phoenix currently has the highest at 17.47% APR. See the full ranking above.