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 −0.039%
Price spread now: Gate against GRVT−0.047%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$480.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.047%, 7d avg −0.034%
Together, before fees+0.088%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp118.370get 0.0000% / 8h4h 01m$3K$193K10x
ShortGate BABA_USDT118.310get 0.0000% / 8h4h 01m$1.5M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.047% → −0.034%
−$1.37
Slippage, 4 orders
−$24.34
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$49.71
Costs to cover
0.483%
Break-even
never at this rate
Slippage from GRVT: live order book, 56 min ago; Gate: live order book, 1 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 ago2.93 bp10.5 bp −$1122.9 bp −$229doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago2.11 bp15.0 bp −$15144.4 bp −$1,444doesn'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%8h118.28−0.076%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.33−0.030%$2.1M$698K25xas long as short
Gate BABA_USDTshort0.0000%8h118.31−0.047%$1.5M$1.9M50x
GRVT BABA_USDT_Perplong0.0000%8h118.37long leg$3K$193K10x
SunX BABA-USDT0.0000%8h118.32−0.039%$1K$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.40+0.029%$30K$18K20xas long as short
Lighter BABA+0.0032%1h118.32−0.039%$376K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.24−0.106%$437K$508K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.134%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.30−0.056%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.29−0.064%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.22−0.123%$11.9M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.24−0.106%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.35−0.014%$238K$407K10xas long as short
Variational Omni BABA+0.0063%8h118.32−0.035%$266K$658Kas long as short
QFEX BABA-USD+0.0068%1h118.26−0.090%$1.2M$4.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h118.20−0.140%$616K$472K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.29−0.064%$2K$79810xas long as short
Binance BABAUSDT+0.0132%8h118.32−0.037%$15.6M$30.4M20xas long as short
Extended BABA_24_5-USD+0.0136%1h118.29−0.066%$44K$358K10xas long as short
Phoenix BABA+0.0201%1h118.31−0.047%$66K$90K10xas long as short
Bitget BABAUSDT+0.0475%8h118.38+0.012%$2.4M$1.7M20xas long as short