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 0.000%
Price spread now: Gate against Bybit0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.695% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 7 days−0.012%−$1 · spread now 0.000%, 7d avg +0.003%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT116.150get 0.0000% / 8h1h 04m$2.2M$603K25x
ShortGate BABA_USDT116.150get 0.0000% / 8h1h 04m$1.4M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: 0.000% → +0.003%
−$0.26
Slippage, 4 orders
−$43.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.72
Costs to cover
0.695%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; Gate: live order book, 3 min ago.

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, 7 min ago2.58 bp18.9 bp −$19134.4 bp −$1,344doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.58 bp11.4 bp −$1176.8 bp −$768doesn'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%8h116.04−0.093%$75K$27K20xas long as short
Bybit BABAUSDTlong0.0000%8h116.15long leg$2.2M$603K25x
Gate BABA_USDTshort0.0000%8h116.150.000%$1.4M$1.7M50x
Bitget BABAUSDT0.0000%8h116.17+0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h116.16+0.008%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h116.15−0.002%$3K$254K10xas long as short
SunX BABA-USDT0.0000%8h116.16+0.009%$712$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.19+0.034%$37K$2K20xas long as short
Binance BABAUSDT+0.0032%8h116.17+0.020%$15.4M$21.0M20xas long as short
Lighter BABA+0.0032%1h116.27+0.103%$384K$49K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BABA+0.0032%1h116.17+0.017%$446K$590K10xas long as short
Extended BABA_24_5-USD+0.0032%1h116.150.000%$42K$383K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.267%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.14−0.009%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.14−0.009%$9K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.06−0.077%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.00−0.129%$250K$337K10xas long as short
tradeXYZ xyz:BABA+0.0065%1h116.14−0.009%$12.1M$3.0M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.09−0.052%$602K$620K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.150.000%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h116.14−0.009%$65K$129K10xas long as short
Arcus BABA-USD+0.0462%1h116.16+0.009%$79K$93K10xas long as short