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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.094%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 feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.094% cheaper against HTX than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.990get 0.0000% / 8h1h 05m$30K$19K20x
ShortKuCoin BABAUSDTM116.880.0100get 0.0100% / 8h1h 05m$608K$381K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.094% → 0.000%
−$9.4
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$12.4
Costs to cover
0.240%
Break-even
11.1 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 39 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 KuCoin live order book, 39 min ago22.22 bp67.9 bp −$68doesn't fitdoesn'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%8h117.04+0.039%$68K$36K20xas long as short
Bybit BABAUSDT0.0000%8h116.97−0.017%$2.1M$732K25xas long as short
Gate BABA_USDT0.0000%8h116.990.000%$1.5M$2.1M50xas long as short
Bitget BABAUSDT0.0000%8h116.96−0.026%$2.3M$1.9M20xas long as short
SunX BABA-USDT0.0000%8h116.96−0.026%$881$3.2M20xas long as short
HTX BABA-USDTlong0.0000%8h116.99long leg$30K$19K20x
GRVT BABA_USDT_Perp+0.0022%8h117.02+0.022%$2K$192K10xas long as short
Lighter BABA+0.0032%1h117.07+0.068%$373K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.94−0.043%$434K$512K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.983%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.93−0.051%$71K$110K10xas long as short
Variational Omni BABA+0.0042%8h116.95−0.030%$364K$747Kas long as short
Vest BABA-USD-PERP+0.0046%1h116.92−0.060%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.87−0.103%$11.7M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.88−0.094%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.86−0.111%$229K$427K10xas long as short
QFEX BABA-USD+0.0063%1h116.97−0.017%$1.3M$3.0M10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h116.88−0.094%$608K$381K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.95−0.034%$2K$79810xas long as short
Binance BABAUSDT+0.0116%8h116.95−0.036%$15.1M$32.5M20xas long as short
Extended BABA_24_5-USD+0.0120%1h116.92−0.063%$44K$293K10xas long as short
Phoenix BABA+0.0204%1h116.92−0.060%$65K$89K10xas long as short