Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0456%/8h= −50.0% APRpaid last 24h −0.014%
Price spread now: Vest against GRVT+0.037%63s7-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 4 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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.037% dearer against GRVT than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BABA_USDT_Perp118.220.0502pay 0.0502% / 8h7h 02m$3K$180K10x
ShortVest BABA-USD-PERP118.260.0046get 0.0006% / 1h2m 26s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$95.83
Price spread: +0.037% → 0.000%
$3.66
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$103.17
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 30 min ago; Vest: 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, 30 min ago2.56 bp20.3 bp −$2037.5 bp −$375doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h118.07−0.123%$69K$39K20xas long as short
Bybit BABAUSDT0.0000%8h118.21−0.006%$2.1M$702K25xas long as short
Gate BABA_USDT0.0000%8h118.18−0.031%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h118.18−0.031%$2.4M$2.0M20xas long as short
SunX BABA-USDT0.0000%8h118.15−0.056%$646$2.7M20xas long as short
Lighter BABA+0.0032%1h118.27+0.045%$376K$72K10xas long as short
Lighter RH BABA+0.0032%1h118.18−0.031%$440K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.011%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.07−0.124%$71K$136K10xas long as short
Vest BABA-USD-PERPshort+0.0046%1h118.26+0.037%$19K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h118.10−0.099%$8K$280K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.72−0.420%$232K$400K10xas long as short
QFEX BABA-USD+0.0080%1h118.18−0.031%$1.2M$2.8M10xas long as short
tradeXYZ xyz:BABA+0.0089%1h118.10−0.099%$12.1M$4.6M10xas long as short
KuCoin BABAUSDTM+0.0100%8h118.00−0.183%$617K$444K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.14−0.065%$2K$79810xas long as short
HTX BABA-USDT+0.0151%8h118.17−0.040%$30K$19K20xas long as short
Variational Omni BABA+0.0179%8h117.93−0.246%$339K$664Kas long as short
Extended BABA_24_5-USD+0.0248%1h118.14−0.067%$45K$311K10xas long as short
Binance BABAUSDT+0.0250%8h118.18−0.031%$15.5M$31.0M20xas long as short
Phoenix BABA+0.0273%1h118.22+0.003%$66K$89K10xas long as short
GRVT BABA_USDT_Perplong+0.0502%8h118.22long leg$3K$180K10x