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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0456%/8h= +50.0% APRpaid last 24h +0.014%
Price spread now: GRVT against Vest−0.003%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 4 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 · GRVT: Active · 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: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP118.220.0046pay 0.0006% / 1h2m 38s$19K10x
ShortGRVT BABA_USDT_Perp118.220.0502get 0.0502% / 8h7h 02m$3K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$95.83
Price spread: −0.003% → 0.000%
−$0.27
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$84.55
Costs to cover
0.110%
Break-even
0.8 days
Slippage unknown: Vest: no order-book sample; GRVT: live order book, 30 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 GRVT live order book, 30 min ago2.56 bp13.4 bp −$13doesn't fitdoesn'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%8h118.04−0.153%$69K$39K20xas long as short
Bybit BABAUSDT0.0000%8h118.18−0.034%$2.1M$702K25xas long as short
Gate BABA_USDT0.0000%8h118.18−0.034%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h118.14−0.068%$2.4M$2.0M20xas long as short
SunX BABA-USDT0.0000%8h118.15−0.059%$646$2.7M20xas long as short
Lighter BABA+0.0032%1h118.27+0.042%$376K$72K10xas long as short
Lighter RH BABA+0.0032%1h118.18−0.034%$440K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.013%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.07−0.127%$71K$136K10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h118.22long leg$19K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h118.06−0.135%$8K$280K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.72−0.423%$232K$400K10xas long as short
QFEX BABA-USD+0.0080%1h118.18−0.034%$1.2M$2.8M10xas long as short
tradeXYZ xyz:BABA+0.0090%1h118.12−0.085%$12.1M$4.6M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.99−0.195%$617K$444K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.08−0.118%$2K$79810xas long as short
HTX BABA-USDT+0.0151%8h118.17−0.042%$30K$19K20xas long as short
Variational Omni BABA+0.0179%8h117.93−0.249%$339K$664Kas long as short
Extended BABA_24_5-USD+0.0248%1h118.14−0.070%$45K$311K10xas long as short
Binance BABAUSDT+0.0250%8h118.16−0.047%$15.5M$31.0M20xas long as short
Phoenix BABA+0.0273%1h118.220.000%$66K$89K10xas long as short
GRVT BABA_USDT_Perpshort+0.0502%8h118.22−0.003%$3K$180K10x