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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Orderly against Vest+0.069%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 airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.069% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP116.020.0046pay 0.0006% / 1h19m 17s$9K10x
ShortOrderly PERP_BABA_USDC_mythos116.100.0100get 0.0100% / 8h1h 19m$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$11.41
Price spread: +0.069% → 0.000%
$6.9
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Orderly: 3 bp × 2 orders
−$6
Net
$10.3
Costs to cover
0.080%
Break-even
0.7 days
Slippage unknown: Vest: no order-book sample; Orderly: 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 Orderly no order-book sample
Vest and Orderly: 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%8h116.00−0.017%$75K$27K20xas long as short
Extended BABA_24_5-USD0.0000%1h116.09+0.061%$42K$383K10xas long as short
Bybit BABAUSDT0.0000%8h116.09+0.060%$2.2M$612K25xas long as short
Gate BABA_USDT0.0000%8h116.09+0.060%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.12+0.086%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h116.08+0.052%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h116.07+0.042%$3K$255K10xas long as short
SunX BABA-USDT0.0000%8h116.10+0.069%$685$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.12+0.086%$37K$2K20xas long as short
Binance BABAUSDT+0.0002%8h116.11+0.080%$15.4M$21.1M20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.19+0.147%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h116.07+0.043%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.155%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.00−0.017%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h116.02long leg$9K10x
tradeXYZ xyz:BABA+0.0050%1h116.05+0.026%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.00−0.017%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.98−0.034%$250K$337K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.05+0.026%$602K$632K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h116.10+0.069%$2K$1K10x
Phoenix BABA+0.0276%1h116.05+0.026%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h116.09+0.060%$79K$93K10xas long as short