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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly+0.025%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 airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.025% dearer against Orderly than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BABA_USDC_mythos118.470.0100pay 0.0100% / 8h4h 21m$2K$79810x
ShortVest BABA-USD-PERP118.500.0046get 0.0006% / 1h21m 05s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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
−$11.41
Price spread: +0.025% → 0.000%
$2.53
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$16.87
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly 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%8h118.55+0.067%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.48+0.008%$2.1M$693K25xas long as short
Gate BABA_USDT0.0000%8h118.51+0.034%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.51+0.034%$832$3.5M20xas long as short
HTX BABA-USDT0.0000%8h118.51+0.034%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0023%8h118.55+0.068%$3K$216K10xas long as short
Lighter BABA+0.0032%1h118.46−0.008%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.44−0.025%$436K$506K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.220%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.36−0.093%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h118.50+0.025%$19K10x
tradeXYZ xyz:BABA+0.0050%1h118.40−0.059%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.42−0.042%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.43−0.034%$242K$404K10xas long as short
QFEX BABA-USD+0.0068%1h118.46−0.008%$1.2M$4.2M10xas long as short
Variational Omni BABA+0.0072%8h118.34−0.107%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.41−0.051%$616K$485K20xas long as short
Orderly PERP_BABA_USDC_mythoslong+0.0100%8h118.47long leg$2K$79810x
Binance BABAUSDT+0.0150%8h118.52+0.042%$15.8M$29.9M20xas long as short
Extended BABA_24_5-USD+0.0152%1h118.48+0.012%$44K$358K10xas long as short
Phoenix BABA+0.0201%1h118.43−0.034%$66K$90K10xas long as short
Bitget BABAUSDT+0.0615%8h118.61+0.118%$2.4M$1.7M20xas long as short