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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Aster+0.131%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 7 days+0.193%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.131% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT117.040get 0.0000% / 8h17m 57s$68K$37K20x
ShortBinance BABAUSDT117.190.0117get 0.0117% / 8h17m 57s$15.3M$32.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$24.54
Price spread: +0.131% → 0.000%
$13.08
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$19.61
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 9 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 Aster no order-book sample
Sell Binance live order book, 9 min ago0.43 bp9.1 bp −$923.9 bp −$23981.4 bp −$8,141doesn't fit
Aster: 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 BABAUSDTlong0.0000%8h117.04long leg$68K$37K20x
Bybit BABAUSDT0.0000%8h117.10+0.054%$2.1M$722K25xas long as short
Gate BABA_USDT0.0000%8h117.19+0.131%$1.5M$2.1M50xas long as short
Bitget BABAUSDT0.0000%8h117.11+0.062%$2.3M$1.9M20xas long as short
SunX BABA-USDT0.0000%8h117.13+0.080%$1K$3.1M20xas long as short
HTX BABA-USDT0.0000%8h117.26+0.191%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0025%8h117.17+0.117%$3K$188K10xas long as short
Lighter BABA+0.0032%1h117.20+0.139%$373K$72K10xas long as short
Lighter RH BABA+0.0032%1h117.14+0.088%$436K$503K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.023%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.05+0.011%$70K$140K10xas long as short
QFEX BABA-USD+0.0044%1h117.11+0.062%$1.2M$3.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h117.04+0.003%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.06+0.020%$8K$286K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.03−0.006%$231K$428K10xas long as short
Variational Omni BABA+0.0051%8h117.19+0.135%$338K$779Kas long as short
tradeXYZ xyz:BABA+0.0061%1h117.06+0.020%$11.8M$4.4M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.04+0.003%$609K$385K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.17+0.114%$2K$79810xas long as short
Binance BABAUSDTshort+0.0117%8h117.19+0.131%$15.3M$32.4M20x
Extended BABA_24_5-USD+0.0120%1h117.16+0.105%$47K$309K10xas long as short
Phoenix BABA+0.0205%1h117.15+0.097%$66K$89K10xas long as short