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: Gate against Bybit+0.042%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.042%, 7d avg +0.003%
Together, before fees+0.085%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT118.380get 0.0000% / 8h3h 10m$2.1M$707K25x
ShortGate BABA_USDT118.430get 0.0000% / 8h3h 10m$1.5M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.042% → +0.003%
$3.93
Slippage, 4 orders
−$37.94
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$60.01
Costs to cover
0.639%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 2 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 Bybit live order book, 1 min ago3.80 bp14.9 bp −$1587.9 bp −$879doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.49 bp18.9 bp −$19159.3 bp −$1,593doesn'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%8h118.43+0.042%$70K$35K20xas long as short
Bybit BABAUSDTlong0.0000%8h118.38long leg$2.1M$707K25x
Gate BABA_USDTshort0.0000%8h118.43+0.042%$1.5M$2.0M50x
SunX BABA-USDT0.0000%8h118.43+0.042%$699$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.49+0.093%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0014%8h118.39+0.008%$3K$193K10xas long as short
Lighter BABA+0.0032%1h118.42+0.034%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.36−0.017%$438K$508K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.146%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.36−0.017%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.380.000%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.29−0.076%$12.0M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.32−0.051%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.29−0.076%$238K$408K10xas long as short
QFEX BABA-USD+0.0056%1h118.39+0.008%$1.2M$3.6M10xas long as short
Variational Omni BABA+0.0067%8h118.42+0.032%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.21−0.144%$615K$457K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.41+0.025%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0136%1h118.37−0.005%$43K$354K10xas long as short
Binance BABAUSDT+0.0143%8h118.41+0.027%$15.7M$30.7M20xas long as short
Phoenix BABA+0.0203%1h118.28−0.084%$66K$90K10xas long as short
Bitget BABAUSDT+0.0252%8h118.380.000%$2.4M$1.7M20xas long as short