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 −0.041%
Price spread now: Aster against Variational Omni+0.073%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 airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.073% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BABA115.920get 0.0000% / 8h1h 50m$300K$620K
ShortAster BABAUSDT116.000get 0.0000% / 8h1h 50m$73K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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: +0.073% → 0.000%
$7.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$0.68
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 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 Variational Omni RFQ quote, 33 min ago2.54 bpdoesn't fit36.8 bp −$368doesn'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%8h116.00+0.073%$73K$27K20x
Bybit BABAUSDT0.0000%8h115.90−0.013%$2.2M$614K25xas long as short
Gate BABA_USDT0.0000%8h115.93+0.013%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h115.95+0.030%$2.5M$1.3M20xas long as short
Variational Omni BABAlong0.0000%8h115.92long leg$300K$620K
GRVT BABA_USDT_Perp0.0000%8h115.96+0.038%$3K$268K10xas long as short
SunX BABA-USDT0.0000%8h115.96+0.039%$508$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.02+0.090%$37K$2K20xas long as short
Binance BABAUSDT+0.0015%8h115.95+0.030%$15.3M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0016%1h115.93+0.015%$42K$383K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.07+0.134%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h115.92+0.004%$445K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.065%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h115.94+0.021%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.89−0.022%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.92+0.004%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.86−0.048%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.74−0.151%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.85−0.056%$601K$657K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.95+0.030%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h115.91−0.004%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.95+0.030%$79K$93K10xas long as short