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 0.000%
Price spread now: SunX against Aster+0.065%46s7-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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.065% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT117.040get 0.0000% / 8h7h 59m$68K$41K20x
ShortSunX BABA-USDT117.120get 0.0000% / 8h7h 59m$887$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.065% → 0.000%
$6.54
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$9.46
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago46.08 bp64.6 bp −$65doesn't fitdoesn'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%8h117.04long leg$68K$41K20x
Bybit BABAUSDT0.0000%8h117.21+0.142%$2.1M$713K25xas long as short
Gate BABA_USDT0.0000%8h117.21+0.142%$1.5M$1.9M50xas long as short
Bitget BABAUSDT0.0000%8h117.22+0.151%$2.3M$2.0M20xas long as short
SunX BABA-USDTshort0.0000%8h117.12+0.065%$887$2.9M20x
HTX BABA-USDT0.0000%8h117.22+0.151%$30K$19K20xas long as short
Lighter BABA+0.0032%1h117.23+0.159%$373K$71K10xas long as short
Lighter RH BABA+0.0032%1h117.16+0.100%$436K$494K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.028%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.12+0.065%$70K$140K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BABA-USD+0.0044%1h117.17+0.108%$1.2M$2.9M10xas long as short
Vest BABA-USD-PERP+0.0046%1h117.10+0.048%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.11+0.057%$8K$286K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.07+0.023%$231K$422K10xas long as short
GRVT BABA_USDT_Perp+0.0067%8h117.19+0.124%$3K$187K10xas long as short
Variational Omni BABA+0.0095%8h117.17+0.107%$337K$779Kas long as short
KuCoin BABAUSDTM+0.0100%8h117.13+0.074%$609K$396K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.12+0.065%$2K$79810xas long as short
tradeXYZ xyz:BABA+0.0107%1h117.11+0.057%$11.8M$4.5M10xas long as short
Extended BABA_24_5-USD+0.0152%1h117.15+0.091%$43K$311K10xas long as short
Binance BABAUSDT+0.0160%8h117.22+0.148%$15.3M$31.8M20xas long as short
Phoenix BABA+0.0205%1h117.11+0.057%$66K$89K10xas long as short