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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0413%/8h= −45.2% APRnext payment $4.13 per $10,000 · paid last 24h −0.020%
Price spread now: HTX against Bitget+0.042%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.042% dearer against Bitget than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT118.170.0413pay 0.0413% / 8h3h 53m$2.4M$1.7M20x
ShortHTX BABA-USDT118.220get 0.0000% / 8h3h 53m$30K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$86.73
Price spread: +0.042% → 0.000%
$4.23
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$106.5
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; HTX: 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 Bitget live order book, 4 min ago2.54 bp14.4 bp −$1427.6 bp −$276doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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%8h118.19+0.020%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.14−0.025%$2.1M$698K25xas long as short
Gate BABA_USDT0.0000%8h118.19+0.017%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.20+0.025%$636$3.4M20xas long as short
HTX BABA-USDTshort0.0000%8h118.22+0.042%$30K$18K20x
GRVT BABA_USDT_Perp+0.0007%8h118.32+0.127%$3K$193K10xas long as short
Lighter BABA+0.0032%1h118.22+0.042%$376K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.16−0.008%$437K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.972%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.170.000%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.18+0.008%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.05−0.102%$11.9M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.13−0.034%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.14−0.025%$238K$405K10xas long as short
QFEX BABA-USD+0.0056%1h118.11−0.051%$1.2M$4.0M10xas long as short
Variational Omni BABA+0.0061%8h118.15−0.013%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.12−0.042%$615K$465K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.18+0.008%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0128%1h118.16−0.010%$44K$355K10xas long as short
Binance BABAUSDT+0.0131%8h118.18+0.006%$15.6M$30.5M20xas long as short
Phoenix BABA+0.0203%1h118.09−0.068%$66K$90K10xas long as short
Bitget BABAUSDTlong+0.0413%8h118.17long leg$2.4M$1.7M20x