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 −0.013%
Price spread now: HTX against GRVT+0.046%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 airdropGRVT: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.046% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp118.060get 0.0000% / 8h6h 00m$3K$223K10x
ShortHTX BABA-USDT118.110get 0.0000% / 8h6h 00m$38K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.046% → 0.000%
$4.56
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$16.44
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 2 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 GRVT live order book, 2 min ago2.11 bp6.6 bp −$724.7 bp −$247doesn'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%8h117.96−0.082%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.92−0.115%$2.2M$568K25xas long as short
Gate BABA_USDT0.0000%8h118.02−0.031%$1.5M$1.7M50xas long as short
GRVT BABA_USDT_Perplong0.0000%8h118.06long leg$3K$223K10x
SunX BABA-USDT0.0000%8h118.23+0.147%$786$3.6M20xas long as short
HTX BABA-USDTshort0.0000%8h118.11+0.046%$38K$2K20x
Lighter BABA+0.0032%1h117.96−0.081%$388K$46K10xas long as short
Lighter RH BABA+0.0032%1h117.87−0.158%$426K$502K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.877%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h118.21+0.130%$1.2M$4.5M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h118.03−0.022%$72K$109K10xas long as short
Vest BABA-USD-PERP+0.0046%1h118.25+0.164%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.84−0.183%$12.1M$3.5M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.18+0.105%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.13+0.063%$238K$373K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.85−0.175%$614K$524K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.25+0.164%$2K$79810xas long as short
Variational Omni BABA+0.0122%8h118.22+0.142%$266K$658Kas long as short
Binance BABAUSDT+0.0180%8h117.87−0.156%$15.6M$23.9M20xas long as short
Extended BABA_24_5-USD+0.0184%1h117.96−0.077%$46K$368K10xas long as short
Phoenix BABA+0.0205%1h118.01−0.039%$66K$71K10xas long as short
Bitget BABAUSDT+0.0217%8h117.97−0.073%$2.5M$1.3M20xas long as short