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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX0.000%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT116.010get 0.0000% / 8h2h 29m$484$4.2M20x
ShortOrderly PERP_BABA_USDC_mythos116.010.0100get 0.0100% / 8h2h 29m$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7
Costs to cover
0.140%
Break-even
4.7 days
Slippage unknown: SunX: live order book, 9 min ago; Orderly: 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 SunX live order book, 9 min ago45.69 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%8h115.99−0.018%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h116.00−0.009%$2.2M$613K25xas long as short
Gate BABA_USDT0.0000%8h116.010.000%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.02+0.009%$2.5M$1.3M20xas long as short
SunX BABA-USDTlong0.0000%8h116.01long leg$484$4.2M20x
HTX BABA-USDT0.0000%8h116.03+0.017%$37K$2K20xas long as short
Variational Omni BABA0.0000%8h116.01+0.004%$300K$620Kas long as short
Lighter RH BABA+0.0032%1h116.010.000%$446K$595K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.147%$11K$26K12xas long as short
QFEX BABA-USD+0.0042%1h116.010.000%$1.2M$5.0M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.010.000%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.97−0.034%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.94−0.060%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.90−0.095%$249K$334K10xas long as short
Lighter BABA+0.0056%1h116.17+0.138%$384K$51K10xas long as short
GRVT BABA_USDT_Perp+0.0060%8h116.02+0.007%$3K$273K10xas long as short
Extended BABA_24_5-USD+0.0072%1h116.00−0.012%$42K$383K10xas long as short
Binance BABAUSDT+0.0076%8h116.010.000%$15.4M$21.0M20xas long as short
KuCoin BABAUSDTM+0.0100%8h115.89−0.103%$601K$689K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h116.010.000%$2K$1K10x
Phoenix BABA+0.0207%1h115.99−0.017%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h116.010.000%$79K$93K10xas long as short