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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster−0.157%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+0.210%+$21 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 pays, the price is against you. KuCoin is 0.157% cheaper against Aster than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT118.370get 0.0000% / 8h3h 06m$70K$35K20x
ShortKuCoin BABAUSDTM118.180.0100get 0.0100% / 8h3h 06m$615K$454K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.157% → 0.000%
−$15.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.68
Costs to cover
0.200%
Break-even
11.9 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 68 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 KuCoin live order book, 68 min ago19.45 bp42.4 bp −$42doesn't fitdoesn'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%8h118.37long leg$70K$35K20x
Bybit BABAUSDT0.0000%8h118.35−0.013%$2.1M$706K25xas long as short
Gate BABA_USDT0.0000%8h118.35−0.013%$1.5M$2.0M50xas long as short
SunX BABA-USDT0.0000%8h118.36−0.005%$804$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.49+0.105%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0030%8h118.38+0.013%$3K$193K10xas long as short
Lighter BABA+0.0032%1h118.38+0.012%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.31−0.047%$438K$508K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.134%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.33−0.030%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.27−0.081%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.20−0.140%$12.0M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.23−0.115%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.28−0.072%$239K$408K10xas long as short
QFEX BABA-USD+0.0056%1h118.32−0.039%$1.2M$3.6M10xas long as short
Variational Omni BABA+0.0078%8h118.34−0.018%$266K$658Kas long as short
KuCoin BABAUSDTMshort+0.0100%8h118.18−0.157%$615K$454K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.34−0.022%$2K$79810xas long as short
Binance BABAUSDT+0.0151%8h118.35−0.012%$15.7M$30.7M20xas long as short
Extended BABA_24_5-USD+0.0152%1h118.32−0.039%$43K$356K10xas long as short
Phoenix BABA+0.0203%1h118.38+0.012%$66K$90K10xas long as short
Bitget BABAUSDT+0.0241%8h118.34−0.022%$2.4M$1.7M20xas long as short