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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.006%
Price spread now: Vest against Bitget−0.171%51s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.171% cheaper against Bitget than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$1 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABAUSDT117.090get 0.0000% / 8h7h 02m$2.5M$1.3M20x
ShortVest BABA-USD-PERP116.890.0046get 0.0006% / 1h2m 44s$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: −0.171% → 0.000%
−$17.08
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$21.49
Costs to cover
0.140%
Break-even
22.7 days
Slippage unknown: Bitget: live order book, 5 min ago; Vest: 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, 5 min ago1.28 bp14.2 bp −$1424.4 bp −$244doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h116.88−0.176%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.22+0.111%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h117.090.000%$1.4M$1.6M50xas long as short
Bitget BABAUSDTlong0.0000%8h117.09long leg$2.5M$1.3M20x
GRVT BABA_USDT_Perp0.0000%8h116.91−0.153%$3K$233K10xas long as short
SunX BABA-USDT0.0000%8h116.93−0.137%$795$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.87−0.188%$37K$2K20xas long as short
Lighter BABA+0.0032%1h117.19+0.085%$387K$50K10xas long as short
Lighter RH BABA+0.0032%1h117.08−0.009%$423K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.068%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h116.89−0.171%$18K10x
tradeXYZ xyz:BABA+0.0050%1h117.01−0.068%$12.2M$3.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.84−0.214%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.10+0.009%$234K$359K10xas long as short
QFEX BABA-USD+0.0072%1h116.91−0.154%$1.2M$4.9M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.94−0.128%$608K$539K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.96−0.111%$2K$79810xas long as short
Variational Omni BABA+0.0140%8h116.80−0.245%$302K$619Kas long as short
Extended BABA_24_5-USD+0.0208%1h117.19+0.089%$47K$366K10xas long as short
Binance BABAUSDT+0.0208%8h117.12+0.026%$15.5M$22.6M20xas long as short
Phoenix BABA+0.0343%1h116.94−0.128%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.88−0.179%$73K$102K10xas long as short