Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

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: HTX against Gate−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABA_USDT	119.52	0	get 0.0000% / 8h	5h 01m	$1.5M	$1.8M	50x
Short	HTX BABA-USDT	119.51	0	get 0.0000% / 8h	5h 01m	$30K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → 0.000%: −$0.84
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$27.84
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	2.93 bp	18.6 bp −$19	184.0 bp −$1,840	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	119.42	−0.085%	$78K	$31K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	119.49	−0.025%	$2.2M	$645K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	119.52	long leg	$1.5M	$1.8M	50x
GRVT BABA_USDT_Perp	0.0000%	8h	119.27	−0.209%	$3K	$217K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	119.49	−0.025%	$879	$3.6M	20x	as long as short
HTX BABA-USDTshort	0.0000%	8h	119.51	−0.008%	$30K	$18K	20x
Lighter BABA	+0.0032%	1h	119.49	−0.025%	$380K	$73K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	119.54	+0.017%	$430K	$507K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−3.079%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	119.26	−0.218%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	119.46	−0.050%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	119.40	−0.100%	$12.0M	$4.0M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	119.40	−0.100%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	119.10	−0.351%	$241K	$402K	10x	as long as short
QFEX BABA-USD	+0.0061%	1h	119.43	−0.075%	$1.2M	$4.4M	10x	as long as short
Variational Omni BABA	+0.0081%	8h	119.21	−0.262%	$268K	$658K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	119.34	−0.151%	$621K	$502K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	119.42	−0.084%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0136%	1h	119.48	−0.037%	$44K	$363K	10x	as long as short
Binance BABAUSDT	+0.0137%	8h	119.51	−0.008%	$15.7M	$29.6M	20x	as long as short
Phoenix BABA	+0.0203%	1h	119.34	−0.151%	$67K	$68K	10x	as long as short
Bitget BABAUSDT	+0.0965%	8h	119.44	−0.067%	$2.5M	$1.7M	20x	as long as short