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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against Bitget0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 7 days+0.036%+$4 · spread now 0.000%, 7d avg −0.002%
Together, before fees+0.114%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT116.350get 0.0000% / 8h32m 18s$2.5M$1.4M20x
ShortGate BABA_USDT116.350get 0.0000% / 8h32m 18s$1.4M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: 0.000% → −0.002%
$0.19
Slippage, 4 orders
−$35.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$61.81
Costs to cover
0.620%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago1.72 bp15.7 bp −$1635.4 bp −$354doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.58 bp13.0 bp −$1387.1 bp −$871doesn't fitdoesn't fit

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%8h116.26−0.078%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.33−0.017%$2.2M$596K25xas long as short
Gate BABA_USDTshort0.0000%8h116.350.000%$1.4M$1.7M50x
Bitget BABAUSDTlong0.0000%8h116.35long leg$2.5M$1.4M20x
SunX BABA-USDT0.0000%8h116.350.000%$863$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.41+0.052%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.34−0.009%$446K$580K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.438%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.23−0.103%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.28−0.060%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BABA+0.0048%8h116.30−0.042%$300K$620Kas long as short
Polymarket Perps BABA-USD+0.0050%1h116.22−0.112%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.10−0.215%$243K$352K10xas long as short
GRVT BABA_USDT_Perp+0.0078%8h116.28−0.059%$2K$248K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.25−0.086%$603K$595K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.34−0.009%$2K$1K10xas long as short
Lighter BABA+0.0112%1h116.48+0.112%$385K$49K10xas long as short
Binance BABAUSDT+0.0140%8h116.36+0.007%$15.4M$21.5M20xas long as short
Extended BABA_24_5-USD+0.0144%1h116.33−0.018%$42K$383K10xas long as short
tradeXYZ xyz:BABA+0.0157%1h116.30−0.043%$12.1M$3.0M10xas long as short
Phoenix BABA+0.0276%1h116.34−0.009%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.31−0.034%$78K$94K10xas long as short