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 0.000%
Price spread now: SunX against Gate+0.009%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1601.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 3 days (all we have)+0.056%+$6 · spread now +0.009%, 7d avg +0.012%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT115.970get 0.0000% / 8h1h 33m$1.4M$1.7M50x
ShortSunX BABA-USDT115.980get 0.0000% / 8h1h 33m$900$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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: +0.009% → +0.012%
−$0.33
Slippage, 4 orders
−$136.64
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$159.98
Costs to cover
1.596%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 5 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 Gate live order book, 4 min ago3.45 bp19.1 bp −$19114.6 bp −$1,146doesn't fitdoesn't fit
Sell SunX live order book, 5 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%8h116.00+0.026%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.01+0.034%$2.2M$612K25xas long as short
Gate BABA_USDTlong0.0000%8h115.97long leg$1.4M$1.7M50x
Bitget BABAUSDT0.0000%8h116.00+0.026%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.96−0.007%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h115.97+0.002%$3K$258K10xas long as short
SunX BABA-USDTshort0.0000%8h115.98+0.009%$900$4.2M20x
HTX BABA-USDT0.0000%8h116.02+0.043%$37K$2K20xas long as short
Binance BABAUSDT+0.0004%8h115.98+0.011%$15.3M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0008%1h115.96−0.006%$42K$383K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.08+0.095%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h115.970.000%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.112%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h115.95−0.017%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.95−0.017%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.94−0.026%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.89−0.069%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.75−0.190%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.90−0.060%$601K$642K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.96−0.009%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h115.94−0.026%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.970.000%$79K$93K10xas long as short