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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.062%
Price spread now: Extended against HTX−0.028%7-day average · you buy dearer than you sell
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 airdropExtended: 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: Extended is 0.028% cheaper against HTX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.000get 0.0000% / 8h1h 35m$37K$2K20x
ShortExtended BABA_24_5-USD115.970.0008get 0.0001% / 1h35m 36s$42K$383K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$1.68
Price spread: −0.028% → 0.000%
−$2.84
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.16
Costs to cover
0.170%
Break-even
82.7 days
Slippage unknown: HTX: no order-book sample; Extended: live order book, 47 min ago. 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 HTX no order-book sample
Sell Extended live order book, 47 min ago3.02 bp12.7 bp −$13112.9 bp −$1,129doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.000.000%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.000.000%$2.2M$612K25xas long as short
Gate BABA_USDT0.0000%8h115.97−0.026%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h115.99−0.009%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.97−0.024%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h115.97−0.024%$3K$258K10xas long as short
SunX BABA-USDT0.0000%8h115.97−0.026%$995$4.2M20xas long as short
HTX BABA-USDTlong0.0000%8h116.00long leg$37K$2K20x
Binance BABAUSDT+0.0006%8h115.99−0.012%$15.3M$21.1M20xas long as short
Extended BABA_24_5-USDshort+0.0008%1h115.97−0.028%$42K$383K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.08+0.069%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h115.98−0.017%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.138%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h115.95−0.043%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.97−0.026%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.93−0.060%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.88−0.103%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.75−0.216%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.89−0.095%$601K$645K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.96−0.034%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h115.94−0.052%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.97−0.026%$79K$93K10xas long as short