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−0.0846%/8h= −92.6% APRnext payment $8.46 per $10,000 · paid last 24h +0.010%
Price spread now: Orderly against Bitget+0.008%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 5 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: −$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT119.200.0946pay 0.0946% / 8h5h 05m$2.5M$1.7M20x
ShortOrderly PERP_BABA_USDC_mythos119.210.0100get 0.0100% / 8h5h 05m$2K$79810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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
−$177.66
Price spread: +0.008% → 0.000%
$0.84
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$194.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; 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 Bitget live order book, 2 min ago2.93 bp12.3 bp −$1239.8 bp −$398doesn't fitdoesn't fit
Sell Orderly no order-book sample
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%8h119.17−0.022%$78K$28K20xas long as short
Bybit BABAUSDT0.0000%8h119.28+0.067%$2.2M$645K25xas long as short
Gate BABA_USDT0.0000%8h119.24+0.034%$1.5M$1.8M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h119.46+0.218%$3K$217K10xas long as short
SunX BABA-USDT0.0000%8h119.21+0.008%$937$3.6M20xas long as short
HTX BABA-USDT0.0000%8h119.28+0.067%$30K$18K20xas long as short
Lighter BABA+0.0032%1h119.22+0.017%$379K$73K10xas long as short
Lighter RH BABA+0.0032%1h119.15−0.042%$429K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.819%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.25+0.042%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.22+0.017%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h119.08−0.101%$12.0M$4.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.11−0.076%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.200.000%$240K$401K10xas long as short
QFEX BABA-USD+0.0061%1h119.14−0.050%$1.2M$4.4M10xas long as short
Variational Omni BABA+0.0081%8h119.21+0.006%$268K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.12−0.067%$620K$503K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h119.21+0.008%$2K$79810x
Binance BABAUSDT+0.0143%8h119.23+0.026%$15.8M$29.3M20xas long as short
Extended BABA_24_5-USD+0.0144%1h119.18−0.015%$44K$363K10xas long as short
Phoenix BABA+0.0203%1h119.30+0.084%$67K$68K10xas long as short
Bitget BABAUSDTlong+0.0946%8h119.20long leg$2.5M$1.7M20x