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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.039%
Price spread now: KuCoin against Extended−0.007%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1621.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.007%, 7d avg −0.052%
Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.045% dearer against Extended than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.052%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD117.800.0168pay 0.0021% / 1h48m 23s$46K$368K10x
ShortKuCoin BABAUSDTM117.790.0100get 0.0100% / 8h5h 48m$613K$521K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$14.28
Price spread: −0.007% → −0.052%
$4.53
Slippage, 4 orders
−$144.97
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$171.72
Costs to cover
1.620%
Break-even
never at this rate
Slippage from Extended: live order book, 14 min ago; KuCoin: live order book, 50 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 Extended live order book, 14 min ago2.54 bp11.9 bp −$12122.4 bp −$1,224doesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago23.02 bp48.4 bp −$48doesn't fitdoesn'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%8h117.76−0.036%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.82+0.019%$2.2M$579K25xas long as short
Gate BABA_USDT0.0000%8h117.78−0.015%$1.5M$1.6M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h117.82+0.022%$3K$220K10xas long as short
SunX BABA-USDT0.0000%8h117.81+0.010%$809$3.5M20xas long as short
HTX BABA-USDT0.0000%8h117.82+0.019%$35K$8K20xas long as short
Lighter BABA+0.0032%1h117.84+0.035%$388K$46K10xas long as short
Lighter RH BABA+0.0032%1h117.68−0.100%$426K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.662%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.74−0.049%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.73−0.058%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.72−0.066%$12.1M$3.5M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.70−0.083%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.81+0.010%$235K$374K10xas long as short
QFEX BABA-USD+0.0061%1h117.74−0.049%$1.2M$4.4M10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h117.79−0.007%$613K$521K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.82+0.019%$2K$79810xas long as short
Variational Omni BABA+0.0109%8h117.78−0.014%$265K$658Kas long as short
Extended BABA_24_5-USDlong+0.0168%1h117.80long leg$46K$368K10x
Binance BABAUSDT+0.0169%8h117.82+0.021%$15.5M$23.8M20xas long as short
Phoenix BABA+0.0203%1h117.73−0.058%$66K$68K10xas long as short
Bitget BABAUSDT+0.0290%8h117.75−0.041%$2.5M$1.3M20xas long as short