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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster−0.080%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 5 days (all we have)no history yet
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: HTX is 0.080% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT117.830get 0.0000% / 8h2h 26m$70K$36K20x
ShortHTX BABA-USDT117.740get 0.0000% / 8h2h 26m$30K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.080% → 0.000%
−$7.95
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$27.95
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; HTX: 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 Aster no order-book sample
Sell HTX no order-book sample
Aster and HTX: 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%8h117.83long leg$70K$36K20x
Bybit BABAUSDT0.0000%8h117.60−0.198%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.62−0.181%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.60−0.198%$2.4M$1.7M20xas long as short
SunX BABA-USDT0.0000%8h117.66−0.147%$928$3.4M20xas long as short
HTX BABA-USDTshort0.0000%8h117.74−0.080%$30K$18K20x
Lighter BABA+0.0032%1h117.67−0.139%$374K$73K10xas long as short
Lighter RH BABA+0.0032%1h117.59−0.207%$436K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.692%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.62−0.181%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.58−0.215%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.55−0.241%$11.9M$4.3M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.55−0.241%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.62−0.181%$238K$400K10xas long as short
QFEX BABA-USD+0.0073%1h117.58−0.215%$1.2M$3.4M10xas long as short
GRVT BABA_USDT_Perp+0.0077%8h117.75−0.070%$2K$193K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.55−0.241%$611K$430K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.63−0.173%$2K$79810xas long as short
Variational Omni BABA+0.0107%8h117.68−0.133%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0168%1h117.62−0.183%$43K$357K10xas long as short
Binance BABAUSDT+0.0171%8h117.64−0.164%$15.6M$31.2M20xas long as short
Phoenix BABA+0.0271%1h117.73−0.088%$66K$90K10xas long as short