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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against HTX0.000%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 airdroptradeXYZ: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT118.220get 0.0000% / 8h3h 45m$30K$18K20x
ShorttradeXYZ xyz:BABA118.220.0050get 0.0006% / 1h45m 37s$12.0M$4.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$19.5
Costs to cover
0.300%
Break-even
20.0 days
Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago1.27 bp13.4 bp −$1317.2 bp −$172doesn'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%8h118.23+0.012%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.29+0.059%$2.1M$704K25xas long as short
Gate BABA_USDT0.0000%8h118.33+0.093%$1.5M$1.9M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h118.13−0.078%$3K$193K10xas long as short
SunX BABA-USDT0.0000%8h118.29+0.059%$775$3.4M20xas long as short
HTX BABA-USDTlong0.0000%8h118.22long leg$30K$18K20x
Lighter BABA+0.0032%1h118.42+0.169%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.33+0.093%$438K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.013%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.18−0.034%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.25+0.025%$19K10xas long as short
tradeXYZ xyz:BABAshort+0.0050%1h118.220.000%$12.0M$4.2M10x
Polymarket Perps BABA-USD+0.0050%1h118.20−0.017%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.21−0.008%$238K$406K10xas long as short
Variational Omni BABA+0.0051%8h118.32+0.088%$266K$658Kas long as short
QFEX BABA-USD+0.0056%1h118.26+0.034%$1.2M$4.0M10xas long as short
KuCoin BABAUSDTM+0.0100%8h118.13−0.076%$616K$460K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.29+0.059%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0128%1h118.30+0.065%$43K$358K10xas long as short
Binance BABAUSDT+0.0131%8h118.33+0.093%$15.6M$30.6M20xas long as short
Phoenix BABA+0.0203%1h118.08−0.118%$66K$90K10xas long as short
Bitget BABAUSDT+0.0348%8h118.35+0.110%$2.4M$1.7M20xas long as short