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+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH+0.017%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 fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH BABA117.140.0032pay 0.0004% / 1h20m 29s$436K$503K10x
ShortOrderly PERP_BABA_USDC_mythos117.160.0100get 0.0100% / 8h20m 29s$2K$79810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Lighter RH. 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
$14.28
Price spread: +0.017% → 0.000%
$1.71
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$9.99
Costs to cover
0.060%
Break-even
2.1 days
Slippage unknown: Lighter RH: live order book, 17 min ago; 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 Lighter RH live order book, 17 min ago3.00 bp3.6 bp −$47.7 bp −$77doesn't fitdoesn't fit
Sell Orderly no order-book sample
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%8h117.03−0.092%$68K$37K20xas long as short
Bybit BABAUSDT0.0000%8h117.17+0.026%$2.1M$719K25xas long as short
Gate BABA_USDT0.0000%8h117.19+0.043%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.19+0.043%$2.3M$1.9M20xas long as short
SunX BABA-USDT0.0000%8h117.21+0.060%$941$3.1M20xas long as short
HTX BABA-USDT0.0000%8h117.26+0.102%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0019%8h117.11−0.026%$3K$188K10xas long as short
Lighter BABA+0.0032%1h117.19+0.043%$373K$72K10xas long as short
Lighter RH BABAlong+0.0032%1h117.14long leg$436K$503K10x
Injective BABA/USDC PERP+0.0033%1h115.84−1.110%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.06−0.068%$70K$140K10xas long as short
QFEX BABA-USD+0.0044%1h117.140.000%$1.2M$3.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h117.06−0.068%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.09−0.043%$8K$286K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.01−0.111%$231K$428K10xas long as short
Variational Omni BABA+0.0051%8h117.19+0.047%$338K$779Kas long as short
tradeXYZ xyz:BABA+0.0059%1h117.08−0.051%$11.8M$4.4M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.04−0.085%$609K$385K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h117.16+0.017%$2K$79810x
Binance BABAUSDT+0.0111%8h117.19+0.043%$15.2M$32.4M20xas long as short
Extended BABA_24_5-USD+0.0112%1h117.19+0.039%$47K$309K10xas long as short
Phoenix BABA+0.0205%1h117.06−0.068%$66K$89K10xas long as short