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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0394%/8h= +43.1% APRpaid last 24h +0.129%
Price spread now: Arcus against Aster+0.062%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Arcus is 0.062% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT116.430get 0.0000% / 8h6m 26s$75K$27K20x
ShortArcus BABA-USD116.500.0394get 0.0049% / 1h6m 26s$75K$100K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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
$82.75
Price spread: +0.062% → 0.000%
$6.18
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$76.43
Costs to cover
0.125%
Break-even
0.5 days
Slippage unknown: Aster: no order-book sample; Arcus: no order-book sample. 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 Aster no order-book sample
Sell Arcus no order-book sample
Aster and 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 BABAUSDTlong0.0000%8h116.43long leg$75K$27K20x
Bybit BABAUSDT0.0000%8h116.43+0.002%$2.2M$600K25xas long as short
Gate BABA_USDT0.0000%8h116.49+0.053%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.42−0.007%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.49+0.053%$708$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.55+0.105%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.48+0.045%$444K$593K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.505%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.45+0.019%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.47+0.036%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.38−0.041%$10K$265K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.42−0.007%$243K$354K10xas long as short
Lighter BABA+0.0072%1h116.60+0.148%$385K$50K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.40−0.024%$604K$573K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.48+0.045%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0104%1h116.41−0.015%$12.1M$3.1M10xas long as short
Variational Omni BABA+0.0134%8h116.48+0.048%$301K$619Kas long as short
GRVT BABA_USDT_Perp+0.0139%8h116.47+0.036%$2K$246K10xas long as short
Binance BABAUSDT+0.0207%8h116.50+0.064%$15.4M$22.0M20xas long as short
Extended BABA_24_5-USD+0.0208%1h116.48+0.045%$42K$383K10xas long as short
Phoenix BABA+0.0276%1h116.44+0.010%$65K$143K10xas long as short
Arcus BABA-USDshort+0.0394%1h116.50+0.062%$75K$100K10x