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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h +0.041%
Price spread now: Variational Omni against HTX−0.005%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.490get 0.0000% / 8h2m 38s$37K$2K20x
ShortVariational Omni BABA116.480.0134get 0.0134% / 8h2m 38s$301K$619K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$28.11
Price spread: −0.005% → 0.000%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$15.62
Costs to cover
0.120%
Break-even
3.1 days
Slippage unknown: HTX: no order-book sample; Variational Omni: RFQ quote, 11 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 Variational Omni RFQ quote, 11 min ago2.53 bpdoesn't fit28.1 bp −$281doesn'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%8h116.40−0.080%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.42−0.060%$2.2M$600K25xas long as short
Gate BABA_USDT0.0000%8h116.45−0.034%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.45−0.034%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.45−0.034%$741$4.2M20xas long as short
HTX BABA-USDTlong0.0000%8h116.49long leg$37K$2K20x
Lighter RH BABA+0.0032%1h116.41−0.069%$444K$593K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.558%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.33−0.137%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.43−0.052%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.33−0.137%$10K$265K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.14−0.300%$243K$354K10xas long as short
Lighter BABA+0.0072%1h116.57+0.069%$385K$50K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.38−0.094%$604K$570K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.44−0.043%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0101%1h116.37−0.103%$12.1M$3.1M10xas long as short
Variational Omni BABAshort+0.0134%8h116.48−0.005%$301K$619K
GRVT BABA_USDT_Perp+0.0135%8h116.48−0.008%$2K$245K10xas long as short
Binance BABAUSDT+0.0204%8h116.46−0.030%$15.4M$21.9M20xas long as short
Extended BABA_24_5-USD+0.0208%1h116.44−0.044%$42K$383K10xas long as short
Phoenix BABA+0.0276%1h116.48−0.009%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.48−0.009%$75K$101K10xas long as short