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: HTX against KuCoin+0.152%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 feesneeds both histories
The price spread pays, funding is against you. HTX is 0.152% dearer against KuCoin than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM118.260.0100pay 0.0100% / 8h4h 13m$616K$481K20x
ShortHTX BABA-USDT118.440get 0.0000% / 8h4h 13m$30K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.152% → 0.000%
$15.22
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$29.78
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 70 min ago; HTX: 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, 70 min ago31.54 bp84.7 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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%8h118.35+0.077%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.39+0.110%$2.1M$698K25xas long as short
Gate BABA_USDT0.0000%8h118.36+0.085%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.38+0.101%$1K$3.5M20xas long as short
HTX BABA-USDTshort0.0000%8h118.44+0.152%$30K$18K20x
GRVT BABA_USDT_Perp+0.0027%8h118.44+0.152%$3K$216K10xas long as short
Lighter BABA+0.0032%1h118.37+0.093%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.30+0.034%$436K$506K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.046%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.38+0.101%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.38+0.101%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.22−0.034%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.24−0.017%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.32+0.051%$240K$407K10xas long as short
QFEX BABA-USD+0.0068%1h118.25−0.008%$1.2M$4.2M10xas long as short
Variational Omni BABA+0.0074%8h118.39+0.114%$266K$658Kas long as short
KuCoin BABAUSDTMlong+0.0100%8h118.26long leg$616K$481K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.35+0.076%$2K$79810xas long as short
Binance BABAUSDT+0.0143%8h118.34+0.068%$15.7M$30.2M20xas long as short
Extended BABA_24_5-USD+0.0144%1h118.31+0.043%$44K$358K10xas long as short
Phoenix BABA+0.0201%1h118.39+0.110%$66K$90K10xas long as short
Bitget BABAUSDT+0.0566%8h118.35+0.076%$2.4M$1.7M20xas long as short