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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.135%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.135% dearer against Ondo Perps than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BABA-USD.P118.300.0050pay 0.0006% / 1h24m 53s$238K$406K10x
ShortVest BABA-USD-PERP118.460.0046get 0.0006% / 1h24m 53s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$0.99
Price spread: +0.135% → 0.000%
$13.52
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$5.53
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h118.33+0.021%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.37+0.059%$2.1M$704K25xas long as short
Gate BABA_USDT0.0000%8h118.40+0.085%$1.5M$2.0M50xas long as short
SunX BABA-USDT0.0000%8h118.41+0.093%$828$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.48+0.152%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0022%8h118.50+0.167%$3K$193K10xas long as short
Lighter BABA+0.0032%1h118.49+0.161%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.40+0.085%$438K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.079%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.39+0.076%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h118.46+0.135%$19K10x
tradeXYZ xyz:BABA+0.0050%1h118.35+0.042%$12.0M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.35+0.042%$9K$266K10xas long as short
Ondo Perps BABA-USD.Plong+0.0050%1h118.30long leg$238K$406K10x
QFEX BABA-USD+0.0056%1h118.37+0.059%$1.2M$3.8M10xas long as short
Variational Omni BABA+0.0065%8h118.39+0.079%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.27−0.025%$615K$459K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.39+0.076%$2K$79810xas long as short
Binance BABAUSDT+0.0141%8h118.39+0.080%$15.7M$30.7M20xas long as short
Extended BABA_24_5-USD+0.0144%1h118.35+0.045%$43K$354K10xas long as short
Phoenix BABA+0.0203%1h118.38+0.068%$66K$90K10xas long as short
Bitget BABAUSDT+0.0301%8h118.40+0.085%$2.4M$1.7M20xas long as short