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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against SunX−0.007%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1541.535% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$13 on $10k
Price spread, last 3 days (all we have)−0.096%−$10 · spread now −0.007%, 7d avg +0.018%
Together, before fees+0.029%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.024% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT115.980get 0.0000% / 8h1h 35m$951$4.2M20x
ShortGRVT BABA_USDT_Perp115.970get 0.0000% / 8h1h 35m$3K$258K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against SunX. 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
Price spread: −0.007% → +0.018%
−$2.43
Slippage, 4 orders
−$136.52
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$155.95
Costs to cover
1.535%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; GRVT: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago45.27 bp63.6 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 47 min ago2.15 bp19.2 bp −$1942.3 bp −$423doesn't fitdoesn't fit

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%8h116.00+0.017%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.00+0.017%$2.2M$612K25xas long as short
Gate BABA_USDT0.0000%8h115.97−0.009%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.00+0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.96−0.016%$300K$620Kas long as short
GRVT BABA_USDT_Perpshort0.0000%8h115.97−0.007%$3K$258K10x
SunX BABA-USDTlong0.0000%8h115.98long leg$951$4.2M20x
HTX BABA-USDT0.0000%8h116.02+0.034%$37K$2K20xas long as short
Binance BABAUSDT+0.0006%8h115.99+0.007%$15.3M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0008%1h115.97−0.009%$42K$383K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.08+0.086%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h115.980.000%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.121%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h115.95−0.026%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.97−0.009%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.94−0.034%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.88−0.086%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.75−0.198%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.90−0.069%$601K$645K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.96−0.017%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h115.94−0.034%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.97−0.009%$79K$93K10xas long as short