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: Aster against KuCoin−0.050%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 7 days−0.131%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.050% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM116.450.0100pay 0.0100% / 8h7h 56m$604K$566K20x
ShortAster BABAUSDT116.390get 0.0000% / 8h7h 56m$75K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: −0.050% → 0.000%
−$5
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$46
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 67 min ago; Aster: 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 KuCoin live order book, 67 min ago11.63 bp79.6 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 BABAUSDTshort0.0000%8h116.39−0.050%$75K$27K20x
Bybit BABAUSDT0.0000%8h116.50+0.043%$2.2M$584K25xas long as short
Gate BABA_USDT0.0000%8h116.46+0.009%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.47+0.017%$2.5M$1.3M20xas long as short
SunX BABA-USDT0.0000%8h116.47+0.017%$871$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.58+0.112%$37K$2K20xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.524%$11K$26K12xas long as short
Lighter RH BABA+0.0040%1h116.41−0.034%$444K$479K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.34−0.094%$9K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.38−0.060%$10K$264K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps BABA-USD.P+0.0050%1h116.16−0.249%$243K$354K10xas long as short
QFEX BABA-USD+0.0072%1h116.46+0.009%$1.2M$5.2M10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h116.45long leg$604K$566K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.450.000%$2K$79810xas long as short
tradeXYZ xyz:BABA+0.0102%1h116.38−0.060%$12.1M$3.1M10xas long as short
GRVT BABA_USDT_Perp+0.0130%8h116.49+0.038%$2K$245K10xas long as short
Variational Omni BABA+0.0132%8h116.51+0.051%$301K$619Kas long as short
Extended BABA_24_5-USD+0.0208%1h116.47+0.015%$42K$380K10xas long as short
Binance BABAUSDT+0.0212%8h116.46+0.009%$15.4M$21.7M20xas long as short
Phoenix BABA+0.0276%1h116.48+0.026%$65K$133K10xas long as short
Lighter BABA+0.0512%1h116.56+0.094%$385K$49K10xas long as short
Arcus BABA-USD+0.0626%1h116.50+0.043%$75K$101K10xas long as short