Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

BABA

RWAAll BABA markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
QFEXBABA-USD
108.44+0.0080pay 0.0010% / 1h7m 10s$1.2M$1.4M10xLong QFEX
SHORT
BingXNCSKBABA2USD-USDT
108.44+0.0346get 0.0346% / 8h1h 07m$939K$1.3M—Short BingX
Price gap0.000%
Funding gap+0.0266% /8h

Funding pays +$8 a day on $10k, but the gap is 0.038% under its 7d average: −$4 if it goes back, about 11 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$44+0.0266% /8h now · paid +0.436% over the last 7D
Price−$4spread 0.000% now, avg +0.038% → −0.038% if it goes back
Costs−$470.469% of $10k · taker + slippage, in and out
Result−$7−0.07%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BABA on 24 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • OK: Fits both order books12.3 / 10.6 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + —
    QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$7.98Long QFEX: 24 payments, −$2.40; short BingX: 3 payments, +$10.38.
  • Watch: Gap narrower than usual0.000% vs +0.038%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$939K vs $1.2M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0207%/8h × 21 periods+$43.57
Price spread0.000% → +0.038% (7d avg)−$3.81
Slippage, 4 orderslive order books−$16.91
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$7.15
Costs to cover0.469%Break-even8.1 days
Slippage: QFEX: live order book, 4 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX1.3812.3 bp−$1214.2 bp−$142doesn’t fitdoesn’t fit
SELL · SHORTBingX3.2210.6 bp−$1119.9 bp−$19962.0 bp−$6,196237.0 bp−$118.5K

Closing costs about the same again.

Alert

BABA news

posts that mention BABA or Alibaba Group (ADR), from every exchangeSearch all news →
09-23 13:31Vest MarketsOther$BABA is down around 3.7% at the open, with a reported Chinese probe into AI data routed to U.S. models. Beijing's internet regulator is examining whether DeepSeek and Moonshot sent sensitive queries to Claude, with $BABA among five firms summoned. Trade $BABA volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-22 13:30Vest MarketsOtherInto the open, $BABA is up around 4%, with Alibaba unveiling its Zhenwu V900 AI chip at its Apsara conference. CEO Eddie Wu said the chip triples the performance of its predecessor, with Alibaba Cloud targeting more than 20 GW of global data center capacity by 2032. Trade $BABA volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗