Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABAUSDTM	118.14	0.0100	pay 0.0100% / 8h	3h 45m	$616K	$460K	20x
Short	Vest BABA-USD-PERP	118.25	0.0046	get 0.0006% / 1h	45m 52s	—	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee KuCoinbpFee VestbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$11.41
Price spread: +0.093% → 0.000%: $9.31
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$16.1
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 28 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 28 min ago	19.45 bp	72.3 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	118.25	+0.091%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.33	+0.161%	$2.1M	$704K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.33	+0.161%	$1.5M	$1.9M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	118.13	−0.011%	$3K	$193K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.29	+0.127%	$775	$3.4M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.22	+0.068%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.41	+0.229%	$377K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	118.34	+0.169%	$438K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.947%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.12	−0.017%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERPshort	+0.0046%	1h	118.25	+0.093%	—	$19K	10x
tradeXYZ xyz:BABA	+0.0050%	1h	118.27	+0.110%	$12.0M	$4.2M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.20	+0.051%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.10	−0.034%	$238K	$405K	10x	as long as short
Variational Omni BABA	+0.0051%	8h	118.32	+0.156%	$266K	$658K	—	as long as short
QFEX BABA-USD	+0.0056%	1h	118.26	+0.102%	$1.2M	$4.0M	10x	as long as short
KuCoin BABAUSDTMlong	+0.0100%	8h	118.14	long leg	$616K	$460K	20x
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.29	+0.127%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0128%	1h	118.35	+0.175%	$43K	$358K	10x	as long as short
Binance BABAUSDT	+0.0130%	8h	118.39	+0.208%	$15.6M	$30.6M	20x	as long as short
Phoenix BABA	+0.0203%	1h	118.08	−0.051%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0351%	8h	118.35	+0.178%	$2.4M	$1.7M	20x	as long as short