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 +0.006%
Price spread now: Bitget against GRVT+0.112%53s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.553% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.112%, 7d avg +0.021%
Together, before fees−0.148%+ Points / potential airdropGRVT: Active · farm board−$15 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: Bitget is 0.091% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp116.550get 0.0000% / 8h7h 16m$3K$234K10x
ShortBitget BABAUSDT116.680get 0.0000% / 8h7h 16m$2.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.112% → +0.021%
$9.08
Slippage, 4 orders
−$34.33
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$46.25
Costs to cover
0.553%
Break-even
never at this rate
Slippage from GRVT: live order book, 56 min ago; Bitget: live order book, 6 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 GRVT live order book, 56 min ago2.58 bp13.5 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago2.14 bp11.0 bp −$11doesn'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%8h116.64+0.075%$76K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.76+0.180%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h116.70+0.129%$1.4M$1.6M50xas long as short
Bitget BABAUSDTshort0.0000%8h116.68+0.112%$2.5M$1.3M20x
GRVT BABA_USDT_Perplong0.0000%8h116.55long leg$3K$234K10x
SunX BABA-USDT0.0000%8h116.69+0.120%$883$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.65+0.086%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.84+0.249%$386K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.66+0.094%$425K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.609%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.62+0.060%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.64+0.077%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.58+0.026%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.62+0.060%$234K$352K10xas long as short
QFEX BABA-USD+0.0072%1h116.69+0.120%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.56+0.009%$605K$543K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.66+0.094%$2K$79810xas long as short
Variational Omni BABA+0.0131%8h116.56+0.005%$301K$619Kas long as short
Binance BABAUSDT+0.0191%8h116.74+0.163%$15.5M$21.9M20xas long as short
Extended BABA_24_5-USD+0.0192%1h116.72+0.142%$42K$360K10xas long as short
Phoenix BABA+0.0343%1h116.64+0.077%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.64+0.077%$75K$100K10xas long as short