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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.054%
Price spread now: Extended against Vest−0.064%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.064% cheaper against Vest than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP117.380.0046pay 0.0006% / 1h21m 59s$18K10x
ShortExtended BABA_24_5-USD117.300.0192get 0.0024% / 1h21m 59s$43K$366K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Vest. 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
$30.73
Price spread: −0.064% → 0.000%
−$6.4
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$17.33
Costs to cover
0.070%
Break-even
3.1 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 45 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 Vest no order-book sample
Sell Extended live order book, 45 min ago1.71 bp11.2 bp −$11162.0 bp −$1,620doesn't fitdoesn't fit
Vest: 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%8h117.22−0.133%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.33−0.043%$2.2M$566K25xas long as short
Gate BABA_USDT0.0000%8h117.35−0.026%$1.5M$1.6M50xas long as short
SunX BABA-USDT0.0000%8h117.29−0.077%$690$3.9M20xas long as short
HTX BABA-USDT0.0000%8h117.85+0.400%$38K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0023%8h117.29−0.077%$3K$228K10xas long as short
Lighter BABA+0.0032%1h117.29−0.077%$386K$45K10xas long as short
Lighter RH BABA+0.0032%1h117.16−0.187%$424K$498K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.312%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h117.18−0.170%$1.2M$4.6M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.59+0.179%$74K$101K10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h117.38long leg$18K10x
tradeXYZ xyz:BABA+0.0050%1h117.18−0.170%$12.2M$3.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.06−0.273%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.51+0.111%$242K$371K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.29−0.077%$611K$531K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.13−0.213%$2K$53210xas long as short
Bitget BABAUSDT+0.0115%8h117.32−0.051%$2.5M$1.3M20xas long as short
Variational Omni BABA+0.0156%8h117.67+0.243%$265K$658Kas long as short
Extended BABA_24_5-USDshort+0.0192%1h117.30−0.064%$43K$366K10x
Binance BABAUSDT+0.0193%8h117.38−0.002%$15.7M$23.5M20xas long as short
Phoenix BABA+0.0205%1h117.65+0.230%$66K$71K10xas long as short