Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0362%/8h= −39.6% APRpaid last 24h −0.094%
Price spread now: KuCoin against Arcus−0.060%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BABA-USD116.100.0462pay 0.0058% / 1h15m 36s$79K$93K10x
ShortKuCoin BABAUSDTM116.030.0100get 0.0100% / 8h1h 15m$601K$629K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$75.92
Price spread: −0.060% → 0.000%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$98.45
Costs to cover
0.165%
Break-even
never at this rate
Slippage unknown: Arcus: no order-book sample; KuCoin: live order book, 58 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus no order-book sample
Sell KuCoin live order book, 58 min ago14.24 bp69.7 bp −$70doesn't fitdoesn't fitdoesn't fit
Arcus: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.00−0.086%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.09−0.009%$2.2M$609K25xas long as short
Gate BABA_USDT0.0000%8h116.100.000%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.12+0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h116.08−0.017%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h116.100.000%$3K$255K10xas long as short
SunX BABA-USDT0.0000%8h116.11+0.009%$1K$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.13+0.026%$37K$2K20xas long as short
Extended BABA_24_5-USD+0.0008%1h116.10−0.003%$42K$383K10xas long as short
Binance BABAUSDT+0.0009%8h116.12+0.017%$15.4M$21.1M20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.21+0.095%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h116.08−0.017%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.224%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.09−0.009%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.02−0.069%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.07−0.026%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.00−0.086%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.03−0.060%$250K$337K10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h116.03−0.060%$601K$629K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.100.000%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h116.07−0.026%$65K$129K10xas long as short
Arcus BABA-USDlong+0.0462%1h116.10long leg$79K$93K10x