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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against HTX+0.134%46s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.134% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT119.740get 0.0000% / 8h5h 31m$35K$8K20x
ShortVest BABA-USD-PERP119.900.0046get 0.0006% / 1h31m 19s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.134% → 0.000%
$13.36
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
$8.96
Costs to cover
0.140%
Break-even
0.5 days
Slippage unknown: HTX: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample
HTX and Vest: 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%8h119.84+0.081%$78K$28K20xas long as short
Bybit BABAUSDT0.0000%8h119.96+0.184%$2.2M$629K25xas long as short
Gate BABA_USDT0.0000%8h119.92+0.150%$1.5M$1.7M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h119.65−0.079%$3K$219K10xas long as short
SunX BABA-USDT0.0000%8h119.89+0.125%$746$3.5M20xas long as short
HTX BABA-USDTlong0.0000%8h119.74long leg$35K$8K20x
Lighter BABA+0.0032%1h119.93+0.159%$381K$69K10xas long as short
Lighter RH BABA+0.0032%1h119.86+0.100%$433K$497K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.257%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.54−0.167%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h119.90+0.134%$19K10x
tradeXYZ xyz:BABA+0.0050%1h119.77+0.025%$12.2M$3.7M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.82+0.067%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.77+0.025%$243K$388K10xas long as short
QFEX BABA-USD+0.0061%1h119.87+0.109%$1.2M$4.4M10xas long as short
Variational Omni BABA+0.0095%8h119.43−0.262%$268K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.89+0.125%$624K$514K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.90+0.134%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0160%1h119.86+0.096%$44K$368K10xas long as short
Binance BABAUSDT+0.0163%8h119.86+0.100%$16.1M$25.9M20xas long as short
Phoenix BABA+0.0203%1h119.43−0.259%$67K$68K10xas long as short
Bitget BABAUSDT+0.0708%8h119.87+0.109%$2.5M$1.4M20xas long as short