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: SunX against Bitget−0.017%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1601.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.017%, 7d avg −0.035%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT116.000get 0.0000% / 8h1h 34m$2.5M$1.3M20x
ShortSunX BABA-USDT115.980get 0.0000% / 8h1h 34m$951$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.017% → −0.035%
$1.75
Slippage, 4 orders
−$140.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$158.51
Costs to cover
1.603%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago2.15 bp14.8 bp −$1531.4 bp −$314doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago45.27 bp64.1 bp −$64doesn't fitdoesn'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%8h116.000.000%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.000.000%$2.2M$612K25xas long as short
Gate BABA_USDT0.0000%8h115.97−0.026%$1.4M$1.7M50xas long as short
Bitget BABAUSDTlong0.0000%8h116.00long leg$2.5M$1.3M20x
Variational Omni BABA0.0000%8h115.96−0.033%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h115.97−0.024%$3K$258K10xas long as short
SunX BABA-USDTshort0.0000%8h115.98−0.017%$951$4.2M20x
HTX BABA-USDT0.0000%8h116.02+0.017%$37K$2K20xas long as short
Binance BABAUSDT+0.0006%8h115.99−0.009%$15.3M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0008%1h115.97−0.028%$42K$383K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.08+0.069%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h115.98−0.017%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.138%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h115.95−0.043%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.97−0.026%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.93−0.060%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.88−0.103%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.75−0.216%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.90−0.086%$601K$644K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.96−0.034%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h115.94−0.052%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.97−0.026%$79K$93K10xas long as short