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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Orderly against Injective+1.191%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 1.191% dearer against Injective than usual: you sell high and buy low: +$119 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BABA/USDC PERP115.840.0033pay 0.0004% / 1h56m 34s$11K$26K12x
ShortOrderly PERP_BABA_USDC_mythos117.220.0100get 0.0100% / 8h7h 56m$2K$79810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Injective. 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
$14
Price spread: +1.191% → 0.000%
$119.13
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Orderly: 3 bp × 2 orders
−$6
Net
$127.11
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample
Sell Orderly no order-book sample
Injective and Orderly: 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%8h117.06+1.056%$68K$41K20xas long as short
Bybit BABAUSDT0.0000%8h117.20+1.174%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.22+1.191%$1.5M$1.9M50xas long as short
Bitget BABAUSDT0.0000%8h117.15+1.131%$2.3M$2.0M20xas long as short
SunX BABA-USDT0.0000%8h117.23+1.200%$906$2.9M20xas long as short
HTX BABA-USDT0.0000%8h117.24+1.209%$30K$19K20xas long as short
Lighter BABA+0.0032%1h117.25+1.217%$373K$71K10xas long as short
Lighter RH BABA+0.0032%1h117.17+1.148%$436K$494K10xas long as short
Injective BABA/USDC PERPlong+0.0033%1h115.84long leg$11K$26K12x
Arcus BABA-USD+0.0040%1h117.10+1.088%$70K$140K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.15+1.131%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.10+1.088%$11.8M$4.5M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.11+1.096%$8K$281K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.03+1.027%$231K$421K10xas long as short
QFEX BABA-USD+0.0080%1h117.15+1.131%$1.2M$3.0M10xas long as short
Variational Omni BABA+0.0095%8h117.17+1.147%$337K$779Kas long as short
KuCoin BABAUSDTM+0.0100%8h117.09+1.079%$609K$398K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h117.22+1.191%$2K$79810x
Extended BABA_24_5-USD+0.0160%1h117.15+1.130%$43K$311K10xas long as short
Binance BABAUSDT+0.0164%8h117.17+1.149%$15.3M$31.7M20xas long as short
Phoenix BABA+0.0205%1h117.11+1.096%$66K$89K10xas long as short
GRVT BABA_USDT_Perp+0.0636%8h117.20+1.174%$3K$184K10xas long as short