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−0.0090%/8h= −9.9% APRnext payment $0.90 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against GRVT−0.097%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 7 days−0.046%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.097% cheaper against GRVT than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp116.330.0090pay 0.0090% / 8h27m 36s$2K$246K10x
ShortAster BABAUSDT116.220get 0.0000% / 8h27m 36s$75K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
−$18.9
Price spread: −0.097% → 0.000%
−$9.73
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.63
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 50 min ago; Aster: 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 GRVT live order book, 50 min ago2.15 bp8.9 bp −$932.3 bp −$323doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 BABAUSDTshort0.0000%8h116.22−0.097%$75K$27K20x
Bybit BABAUSDT0.0000%8h116.20−0.113%$2.2M$599K25xas long as short
Gate BABA_USDT0.0000%8h116.26−0.061%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.29−0.035%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.25−0.070%$587$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.39+0.050%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.28−0.044%$446K$583K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.422%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.23−0.087%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.26−0.061%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.18−0.130%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.16−0.147%$243K$353K10xas long as short
Variational Omni BABA+0.0066%8h116.35+0.013%$301K$620Kas long as short
Lighter BABA+0.0080%1h116.41+0.068%$385K$49K10xas long as short
GRVT BABA_USDT_Perplong+0.0090%8h116.33long leg$2K$246K10x
KuCoin BABAUSDTM+0.0100%8h116.16−0.147%$603K$591K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.24−0.078%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0139%1h116.23−0.087%$12.1M$3.1M10xas long as short
Binance BABAUSDT+0.0150%8h116.28−0.047%$15.3M$21.7M20xas long as short
Extended BABA_24_5-USD+0.0152%1h116.25−0.070%$42K$383K10xas long as short
Phoenix BABA+0.0276%1h116.34+0.008%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.23−0.087%$78K$95K10xas long as short