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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0018%/8hnext payment $0.02 per $10,000 · paid last 24h −0.046%
Price spread now: Vest against Extended−0.088%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.088% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD116.020.0064pay 0.0008% / 1h23m 06s$18K$359K10x
ShortVest BABA-USD-PERP115.920.0046get 0.0006% / 1h23m 06s$9K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$3.85
Price spread: −0.088% → 0.000%
−$8.76
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.6
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 8 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 Extended live order book, 8 min ago1.73 bp11.4 bp −$11102.4 bp −$1,024doesn'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%8h115.97−0.041%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h116.03+0.007%$2.2M$581K25xas long as short
Gate BABA_USDT0.0000%8h116.02−0.001%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.05+0.024%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h116.02+0.002%$299K$596Kas long as short
SunX BABA-USDT0.0000%8h116.04+0.016%$603$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.07+0.042%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0027%8h116.00−0.019%$2K$267K10xas long as short
Lighter RH BABA+0.0032%1h116.05+0.024%$456K$445K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.157%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h115.92−0.088%$9K10x
Lighter BABA+0.0048%1h116.12+0.085%$384K$44K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.92−0.088%$8K$252K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.93−0.079%$248K$328K10xas long as short
QFEX BABA-USD+0.0054%1h116.00−0.019%$1.2M$4.9M10xas long as short
Binance BABAUSDT+0.0062%8h116.04+0.018%$15.4M$19.7M20xas long as short
Extended BABA_24_5-USDlong+0.0064%1h116.02long leg$18K$359K10x
KuCoin BABAUSDTM+0.0100%8h115.93−0.079%$603K$765K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.05+0.024%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0137%1h116.00−0.019%$12.1M$2.9M10xas long as short
Phoenix BABA+0.0276%1h116.04+0.016%$79K$129K10xas long as short
Arcus BABA-USD+0.0637%1h116.00−0.019%$79K$93K10xas long as short