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: Aster against Bybit−0.130%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 days0.000%$0 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.130% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT117.920get 0.0000% / 8h5h 54m$2.2M$579K25x
ShortAster BABAUSDT117.770get 0.0000% / 8h5h 54m$77K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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: −0.130% → 0.000%
−$13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Aster: 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 Bybit live order book, 3 min ago4.66 bp14.8 bp −$1583.1 bp −$831doesn't fitdoesn't fit
Sell Aster no order-book sample
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 BABAUSDTshort0.0000%8h117.77−0.130%$77K$27K20x
Bybit BABAUSDTlong0.0000%8h117.92long leg$2.2M$579K25x
Gate BABA_USDT0.0000%8h117.86−0.051%$1.5M$1.6M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h117.98+0.048%$3K$222K10xas long as short
SunX BABA-USDT0.0000%8h117.80−0.102%$892$3.6M20xas long as short
HTX BABA-USDT0.0000%8h117.94+0.017%$35K$8K20xas long as short
Lighter BABA+0.0032%1h117.93+0.008%$388K$46K10xas long as short
Lighter RH BABA+0.0032%1h117.82−0.085%$427K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.764%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.87−0.042%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.83−0.076%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.79−0.110%$12.1M$3.5M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.73−0.161%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.75−0.144%$236K$374K10xas long as short
QFEX BABA-USD+0.0061%1h117.78−0.119%$1.2M$4.5M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.75−0.144%$612K$524K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.86−0.051%$2K$79810xas long as short
Variational Omni BABA+0.0119%8h117.87−0.046%$265K$658Kas long as short
Binance BABAUSDT+0.0180%8h117.86−0.048%$15.6M$23.9M20xas long as short
Extended BABA_24_5-USD+0.0184%1h117.82−0.087%$46K$368K10xas long as short
Phoenix BABA+0.0205%1h117.86−0.051%$66K$68K10xas long as short
Bitget BABAUSDT+0.0283%8h117.87−0.042%$2.5M$1.3M20xas long as short