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−0.0134%/8h= −14.7% APRnext payment $1.34 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against Variational Omni−0.011%7-day average −0.011% · 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 3 days (all we have)−0.041%−$4 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.011%, 7d avg −0.011%
Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BABA116.440.0134pay 0.0134% / 8h7m 51s$301K$619K
ShortBybit BABAUSDT116.430get 0.0000% / 8h7m 51s$2.2M$600K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$28.15
Price spread: −0.011% → −0.011%
$0.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$39.14
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; Bybit: live order book, 4 min ago. 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, 6 min ago2.53 bpdoesn't fit22.3 bp −$223doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.44 bp18.0 bp −$1896.9 bp −$969doesn'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%8h116.45+0.008%$75K$27K20xas long as short
Bybit BABAUSDTshort0.0000%8h116.43−0.011%$2.2M$600K25x
Gate BABA_USDT0.0000%8h116.47+0.023%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.43−0.011%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.49+0.040%$705$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.47+0.023%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.49+0.040%$444K$593K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.518%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.47+0.023%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.46+0.015%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.41−0.028%$10K$265K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.19−0.217%$243K$354K10xas long as short
Lighter BABA+0.0072%1h116.61+0.143%$385K$50K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.42−0.020%$604K$575K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.48+0.032%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0105%1h116.42−0.020%$12.1M$3.1M10xas long as short
Variational Omni BABAlong+0.0134%8h116.44long leg$301K$619K
GRVT BABA_USDT_Perp+0.0140%8h116.45+0.006%$2K$246K10xas long as short
Binance BABAUSDT+0.0208%8h116.48+0.033%$15.4M$22.0M20xas long as short
Extended BABA_24_5-USD+0.0208%1h116.48+0.029%$42K$383K10xas long as short
Phoenix BABA+0.0276%1h116.44−0.003%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.51+0.057%$75K$99K10xas long as short