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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Aster−0.093%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 7 days+0.025%+$2 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.093% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT116.100get 0.0000% / 8h2h 05m$73K$25K20x
ShortGate BABA_USDT115.990get 0.0000% / 8h2h 05m$1.4M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.093% → 0.000%
−$9.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.3
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago3.88 bp16.2 bp −$16121.4 bp −$1,214doesn't fitdoesn'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%8h116.10long leg$73K$25K20x
Bybit BABAUSDT0.0000%8h115.94−0.136%$2.2M$614K25xas long as short
Gate BABA_USDTshort0.0000%8h115.99−0.093%$1.4M$1.7M50x
Bitget BABAUSDT0.0000%8h115.96−0.119%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.97−0.112%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.97−0.110%$703$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.00−0.084%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0016%8h115.99−0.091%$3K$269K10xas long as short
Lighter BABA+0.0032%1h116.15+0.045%$384K$51K10xas long as short
Lighter RH BABA+0.0032%1h115.95−0.127%$445K$595K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BABA/USDC PERP+0.0033%1h115.84−0.222%$11K$26K12xas long as short
Binance BABAUSDT+0.0038%8h115.97−0.110%$15.4M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0040%1h115.96−0.122%$42K$383K10xas long as short
QFEX BABA-USD+0.0042%1h115.89−0.179%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.94−0.136%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.92−0.153%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.89−0.179%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.90−0.171%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.87−0.196%$602K$672K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.00−0.084%$2K$1K10xas long as short
Phoenix BABA+0.0207%1h115.95−0.127%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h115.95−0.127%$79K$93K10xas long as short