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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0665%/8h= −72.9% APRpaid last 24h −0.077%
Price spread now: Orderly against Arcus+0.009%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 feesneeds 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: −$20 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BABA-USD116.030.0765pay 0.0096% / 1h30m 49s$79K$93K10x
ShortOrderly PERP_BABA_USDC_mythos116.040.0100get 0.0100% / 8h3h 30m$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Arcus. 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
−$139.75
Price spread: +0.009% → 0.000%
$0.86
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$149.39
Costs to cover
0.105%
Break-even
never at this rate
Slippage unknown: Arcus: 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 Arcus no order-book sample
Sell Orderly no order-book sample
Arcus 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%8h116.04+0.005%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h116.01−0.017%$2.2M$600K25xas long as short
Gate BABA_USDT0.0000%8h116.04+0.009%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.01−0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.95−0.072%$289K$606Kas long as short
SunX BABA-USDT0.0000%8h116.05+0.017%$927$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.04+0.009%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.19+0.138%$385K$51K10xas long as short
Lighter RH BABA+0.0032%1h116.030.000%$450K$583K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.164%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h115.98−0.043%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.99−0.034%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.94−0.078%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.90−0.112%$248K$328K10xas long as short
QFEX BABA-USD+0.0065%1h116.030.000%$1.2M$4.9M10xas long as short
Extended BABA_24_5-USD+0.0080%1h116.05+0.013%$18K$359K10xas long as short
Binance BABAUSDT+0.0082%8h116.05+0.018%$15.5M$19.9M20xas long as short
GRVT BABA_USDT_Perp+0.0086%8h116.00−0.029%$3K$269K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.94−0.078%$602K$722K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h116.04+0.009%$2K$1K10x
Phoenix BABA+0.0345%1h116.06+0.026%$79K$129K10xas long as short
Arcus BABA-USDlong+0.0765%1h116.03long leg$79K$93K10x