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 +0.021%
Price spread now: Variational Omni against Bitget−0.034%7-day average −0.036% · 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 3 days (all we have)+0.021%+$2 on $10k
Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.034%, 7d avg −0.036%
Together, before fees+0.042%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT116.120get 0.0000% / 8h1h 16m$2.5M$1.3M20x
ShortVariational Omni BABA116.080get 0.0000% / 8h1h 16m$300K$620K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: −0.034% → −0.036%
$0.25
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.75
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 3 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 Bitget live order book, 1 min ago1.29 bp16.7 bp −$1727.2 bp −$272doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.54 bpdoesn't fit23.1 bp −$231doesn't fitdoesn't fit

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%8h116.00−0.102%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.09−0.026%$2.2M$609K25xas long as short
Gate BABA_USDT0.0000%8h116.10−0.017%$1.4M$1.7M50xas long as short
Bitget BABAUSDTlong0.0000%8h116.12long leg$2.5M$1.3M20x
Variational Omni BABAshort0.0000%8h116.08−0.034%$300K$620K
GRVT BABA_USDT_Perp0.0000%8h116.09−0.026%$3K$255K10xas long as short
SunX BABA-USDT0.0000%8h116.11−0.009%$1K$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.13+0.009%$37K$2K20xas long as short
Binance BABAUSDT+0.0007%8h116.120.000%$15.4M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0008%1h116.10−0.020%$42K$383K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.21+0.078%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h116.08−0.034%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.241%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.06−0.052%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.02−0.086%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.07−0.043%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.00−0.103%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.03−0.078%$250K$337K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.03−0.078%$601K$630K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.10−0.017%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h116.07−0.043%$65K$129K10xas long as short
Arcus BABA-USD+0.0462%1h116.09−0.026%$79K$93K10xas long as short