Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Bitget against HTX+0.009%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Bitget

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BABA-USDT	116.00	0	get 0.0000% / 8h	2h 37m	$37K	$2K	20x
Short	Bitget BABAUSDT	116.01	0	get 0.0000% / 8h	2h 37m	$2.5M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee BitgetbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$23.14
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	2.15 bp	14.7 bp −$15	38.7 bp −$387	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	115.93	−0.060%	$73K	$25K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	115.97	−0.026%	$2.2M	$612K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	115.98	−0.017%	$1.4M	$1.7M	50x	as long as short
Bitget BABAUSDTshort	0.0000%	8h	116.01	+0.009%	$2.5M	$1.3M	20x
SunX BABA-USDT	0.0000%	8h	115.98	−0.017%	$820	$4.2M	20x	as long as short
HTX BABA-USDTlong	0.0000%	8h	116.00	long leg	$37K	$2K	20x
Variational Omni BABA	+0.0012%	8h	116.06	+0.054%	$302K	$618K	—	as long as short
Lighter RH BABA	+0.0032%	1h	115.98	−0.017%	$445K	$594K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.138%	$11K	$26K	12x	as long as short
QFEX BABA-USD	+0.0042%	1h	115.96	−0.034%	$1.2M	$5.0M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	115.98	−0.017%	—	$9K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	115.91	−0.078%	$10K	$263K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	115.83	−0.147%	$249K	$333K	10x	as long as short
tradeXYZ xyz:BABA	+0.0082%	1h	115.92	−0.069%	$12.1M	$3.0M	10x	as long as short
GRVT BABA_USDT_Perp	+0.0087%	8h	116.09	+0.073%	$3K	$275K	10x	as long as short
Binance BABAUSDT	+0.0092%	8h	115.99	−0.012%	$15.4M	$21.0M	20x	as long as short
Extended BABA_24_5-USD	+0.0096%	1h	115.98	−0.022%	$42K	$383K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	115.91	−0.078%	$601K	$696K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.00	0.000%	$2K	$1K	10x	as long as short
Lighter BABA	+0.0128%	1h	116.12	+0.103%	$384K	$51K	10x	as long as short
Phoenix BABA	+0.0207%	1h	116.03	+0.026%	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0643%	1h	115.98	−0.017%	$79K	$93K	10x	as long as short