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−0.0138%/8h= −15.1% APRpaid last 24h −0.028%
Price spread now: Aster against tradeXYZ−0.012%7-day average · you buy dearer than you sell
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 7 days−0.114%−$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BABA116.340.0138pay 0.0017% / 1h18m 29s$12.1M$3.1M10x
ShortAster BABAUSDT116.330get 0.0000% / 8h18m 29s$75K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$29.03
Price spread: −0.012% → 0.000%
−$1.22
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$56.25
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; Aster: 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 tradeXYZ live order book, 10 min ago0.43 bp11.8 bp −$1226.7 bp −$267doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 BABAUSDTshort0.0000%8h116.33−0.012%$75K$27K20x
Bybit BABAUSDT0.0000%8h116.43+0.077%$2.2M$601K25xas long as short
Gate BABA_USDT0.0000%8h116.44+0.086%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.48+0.120%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.44+0.086%$674$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.42+0.069%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.43+0.077%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.430%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.29−0.043%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.43+0.077%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.340.000%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.33−0.009%$242K$354K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.31−0.026%$603K$582K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.43+0.077%$2K$1K10xas long as short
Variational Omni BABA+0.0101%8h116.32−0.018%$301K$620Kas long as short
GRVT BABA_USDT_Perp+0.0109%8h116.30−0.031%$2K$246K10xas long as short
Lighter BABA+0.0112%1h116.54+0.172%$385K$50K10xas long as short
tradeXYZ xyz:BABAlong+0.0138%1h116.34long leg$12.1M$3.1M10x
Extended BABA_24_5-USD+0.0184%1h116.43+0.075%$42K$383K10xas long as short
Binance BABAUSDT+0.0188%8h116.45+0.095%$15.4M$21.9M20xas long as short
Phoenix BABA+0.0276%1h116.35+0.009%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.42+0.069%$77K$97K10xas long as short