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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.150%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 · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.150% cheaper against Vest than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP120.050.0046pay 0.0006% / 1h55m 09s$19K10x
ShortOndo Perps BABA-USD.P119.870.0050get 0.0006% / 1h55m 09s$220K$447K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.99
Price spread: −0.150% → 0.000%
−$14.99
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21
Costs to cover
0.070%
Break-even
155.3 days
Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo Perps: 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 exchanges

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%8h119.79−0.215%$70K$40K20xas long as short
Bybit BABAUSDT0.0000%8h119.91−0.117%$2.2M$711K25xas long as short
Gate BABA_USDT0.0000%8h119.92−0.108%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h119.87−0.150%$2.3M$2.2M20xas long as short
SunX BABA-USDT0.0000%8h119.90−0.125%$686$2.5M20xas long as short
HTX BABA-USDT0.0000%8h119.99−0.050%$30K$19K20xas long as short
QFEX BABA-USD+0.0029%1h119.85−0.167%$1.2M$2.9M10xas long as short
Lighter BABA+0.0032%1h119.94−0.092%$384K$73K10xas long as short
Lighter RH BABA+0.0032%1h119.82−0.192%$436K$509K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.507%$11K$26K12xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h119.82−0.192%$72K$134K10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h120.05long leg$19K10x
Polymarket Perps BABA-USD+0.0050%1h119.81−0.200%$8K$177K10xas long as short
Ondo Perps BABA-USD.Pshort+0.0050%1h119.87−0.150%$220K$447K10x
KuCoin BABAUSDTM+0.0100%8h119.79−0.217%$625K$513K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.91−0.117%$2K$79810xas long as short
tradeXYZ xyz:BABA+0.0158%1h119.86−0.158%$12.1M$4.9M10xas long as short
Variational Omni BABA+0.0223%8h119.93−0.096%$375K$672Kas long as short
GRVT BABA_USDT_Perp+0.0268%8h119.92−0.109%$3K$182K10xas long as short
Phoenix BABA+0.0271%1h119.93−0.100%$67K$109K10xas long as short
Binance BABAUSDT+0.0271%8h119.84−0.175%$15.2M$33.7M20xas long as short
Extended BABA_24_5-USD+0.0272%1h119.86−0.158%$47K$312K10xas long as short