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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.062%
Price spread now: HTX against Extended+0.039%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.039% dearer against Extended than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD115.950.0032pay 0.0004% / 1h3m 33s$42K$383K10x
ShortHTX BABA-USDT116.000get 0.0000% / 8h2h 03m$37K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$6.72
Price spread: +0.039% → 0.000%
$3.94
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$19.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 19 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 Extended live order book, 19 min ago3.02 bp12.6 bp −$1393.9 bp −$939doesn'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%8h116.09+0.114%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h115.91−0.038%$2.2M$614K25xas long as short
Gate BABA_USDT0.0000%8h115.96+0.005%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h115.96+0.005%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.97+0.011%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.96+0.005%$594$4.2M20xas long as short
HTX BABA-USDTshort0.0000%8h116.00+0.039%$37K$2K20x
GRVT BABA_USDT_Perp+0.0009%8h115.99+0.030%$3K$269K10xas long as short
Lighter BABA+0.0032%1h116.13+0.152%$384K$51K10xas long as short
Lighter RH BABA+0.0032%1h115.92−0.030%$445K$595K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABA_24_5-USDlong+0.0032%1h115.95long leg$42K$383K10x
Binance BABAUSDT+0.0033%8h115.97+0.011%$15.3M$21.1M20xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.099%$11K$26K12xas long as short
QFEX BABA-USD+0.0042%1h115.94−0.012%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.91−0.038%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.91−0.038%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.88−0.064%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.80−0.133%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.85−0.090%$601K$669K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.98+0.022%$2K$1K10xas long as short
Phoenix BABA+0.0207%1h116.00+0.039%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h115.94−0.012%$79K$93K10xas long as short