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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: GRVT against Aster−0.082%50s7-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 7 days+0.094%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.082% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT116.650get 0.0000% / 8h7h 16m$76K$27K20x
ShortGRVT BABA_USDT_Perp116.550get 0.0000% / 8h7h 16m$3K$234K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: −0.082% → 0.000%
−$8.23
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$25.23
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 56 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 Aster no order-book sample
Sell GRVT live order book, 56 min ago2.58 bp16.2 bp −$1652.4 bp −$524doesn't fitdoesn't fit
Aster: 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%8h116.65long leg$76K$27K20x
Bybit BABAUSDT0.0000%8h116.76+0.098%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h116.71+0.055%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.68+0.029%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perpshort0.0000%8h116.55−0.082%$3K$234K10x
SunX BABA-USDT0.0000%8h116.69+0.038%$883$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.65+0.003%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.84+0.166%$386K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.66+0.012%$425K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.691%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.62−0.022%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.64−0.005%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.58−0.057%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.63−0.014%$239K$351K10xas long as short
QFEX BABA-USD+0.0072%1h116.65+0.003%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.57−0.065%$605K$543K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.66+0.012%$2K$79810xas long as short
Variational Omni BABA+0.0131%8h116.56−0.077%$301K$619Kas long as short
Binance BABAUSDT+0.0191%8h116.73+0.072%$15.4M$21.9M20xas long as short
Extended BABA_24_5-USD+0.0192%1h116.67+0.025%$42K$360K10xas long as short
Phoenix BABA+0.0343%1h116.64−0.005%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.61−0.031%$75K$100K10xas long as short