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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: Orderly against Bitget−0.009%7-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 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT116.450get 0.0000% / 8h4m 32s$2.5M$1.4M20x
ShortOrderly PERP_BABA_USDC_mythos116.440.0100get 0.0100% / 8h4m 32s$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.009% → 0.000%
−$0.86
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.14
Costs to cover
0.180%
Break-even
6.3 days
Slippage unknown: Bitget: live order book, 3 min ago; Orderly: 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, 3 min ago2.58 bp16.6 bp −$1722.7 bp −$227doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%8h116.39−0.056%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.40−0.043%$2.2M$600K25xas long as short
Gate BABA_USDT0.0000%8h116.47+0.017%$1.4M$1.7M50xas long as short
Bitget BABAUSDTlong0.0000%8h116.45long leg$2.5M$1.4M20x
SunX BABA-USDT0.0000%8h116.50+0.043%$743$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.55+0.086%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.40−0.043%$444K$593K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.524%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.34−0.094%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.37−0.069%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.38−0.060%$10K$265K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.42−0.026%$243K$354K10xas long as short
Lighter BABA+0.0072%1h116.55+0.086%$385K$50K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.34−0.094%$603K$571K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h116.44−0.009%$2K$1K10x
tradeXYZ xyz:BABA+0.0102%1h116.35−0.086%$12.1M$3.1M10xas long as short
Variational Omni BABA+0.0134%8h116.48+0.029%$301K$619Kas long as short
GRVT BABA_USDT_Perp+0.0139%8h116.47+0.017%$2K$246K10xas long as short
Binance BABAUSDT+0.0206%8h116.46+0.010%$15.4M$22.0M20xas long as short
Extended BABA_24_5-USD+0.0208%1h116.43−0.013%$42K$383K10xas long as short
Phoenix BABA+0.0276%1h116.48+0.026%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.450.000%$75K$100K10xas long as short