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 +0.020%
Price spread now: Bitget against Gate+0.009%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.009%, 7d avg +0.002%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT116.100get 0.0000% / 8h1h 18m$1.4M$1.7M50x
ShortBitget BABAUSDT116.110get 0.0000% / 8h1h 18m$2.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.009% → +0.002%
$0.7
Slippage, 4 orders
−$30.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$56.78
Costs to cover
0.575%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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 Gate live order book, 4 min ago2.59 bp19.6 bp −$20106.2 bp −$1,062doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.72 bp12.9 bp −$1331.4 bp −$314doesn'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%8h116.00−0.086%$75K$27K20xas long as short
Extended BABA_24_5-USD0.0000%1h116.09−0.007%$42K$383K10xas long as short
Bybit BABAUSDT0.0000%8h116.09−0.009%$2.2M$612K25xas long as short
Gate BABA_USDTlong0.0000%8h116.10long leg$1.4M$1.7M50x
Bitget BABAUSDTshort0.0000%8h116.11+0.009%$2.5M$1.3M20x
Variational Omni BABA0.0000%8h116.08−0.017%$300K$620Kas long as short
GRVT BABA_USDT_Perp0.0000%8h116.07−0.027%$3K$255K10xas long as short
SunX BABA-USDT0.0000%8h116.100.000%$685$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.13+0.026%$37K$2K20xas long as short
Binance BABAUSDT+0.0004%8h116.11+0.013%$15.4M$21.1M20xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BABA+0.0032%1h116.20+0.086%$384K$49K10xas long as short
Lighter RH BABA+0.0032%1h116.07−0.026%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.224%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.04−0.052%$1.2M$5.1M10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.02−0.069%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.06−0.034%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.00−0.086%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.03−0.060%$250K$337K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.05−0.043%$602K$631K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.100.000%$2K$1K10xas long as short
Phoenix BABA+0.0276%1h116.05−0.043%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h116.08−0.017%$79K$93K10xas long as short