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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.050%
Price spread now: Extended against Ondo Perps+0.095%7-day average +0.081% · 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 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.095%, 7d avg +0.081%
Together, before fees−0.012%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BABA-USD.P116.690.0050pay 0.0006% / 1h5m 59s$234K$353K10x
ShortExtended BABA_24_5-USD116.800.0200get 0.0025% / 1h5m 59s$46K$365K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. 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
$31.42
Price spread: +0.095% → +0.081%
$1.41
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$22.82
Costs to cover
0.100%
Break-even
1.9 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 66 min ago. 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 Ondo Perps no order-book sample
Sell Extended live order book, 66 min ago3.01 bp12.6 bp −$13142.6 bp −$1,426doesn't fitdoesn't fit
Ondo Perps: 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%8h116.70+0.010%$76K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.80+0.094%$2.2M$580K25xas long as short
Gate BABA_USDT0.0000%8h116.81+0.103%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.83+0.120%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perp0.0000%8h116.78+0.074%$3K$233K10xas long as short
SunX BABA-USDT0.0000%8h116.82+0.111%$676$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.82+0.111%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.96+0.231%$387K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.81+0.103%$422K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.728%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.79+0.086%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.77+0.069%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.72+0.026%$10K$264K10xas long as short
Ondo Perps BABA-USD.Plong+0.0050%1h116.69long leg$234K$353K10x
QFEX BABA-USD+0.0072%1h116.78+0.077%$1.2M$5.0M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.68−0.009%$606K$540K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.80+0.094%$2K$79810xas long as short
Variational Omni BABA+0.0140%8h116.80+0.097%$302K$619Kas long as short
Binance BABAUSDT+0.0196%8h116.84+0.132%$15.4M$22.3M20xas long as short
Extended BABA_24_5-USDshort+0.0200%1h116.80+0.095%$46K$365K10x
Phoenix BABA+0.0343%1h116.81+0.103%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.75+0.051%$73K$102K10xas long as short