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

BABA

RWAall BABA markets
SwapBacktest
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: SunX against Gate0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1601.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now 0.000%, 7d avg +0.011%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT118.660get 0.0000% / 8h4h 38m$1.5M$1.9M50x
ShortSunX BABA-USDT118.660get 0.0000% / 8h4h 38m$806$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: 0.000% → +0.011%
−$1.06
Slippage, 4 orders
−$136.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$160.69
Costs to cover
1.596%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 9 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 ago3.79 bp14.9 bp −$15225.9 bp −$2,259doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago46.27 bp65.4 bp −$65doesn'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%8h118.74+0.069%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.72+0.051%$2.2M$647K25xas long as short
Gate BABA_USDTlong0.0000%8h118.66long leg$1.5M$1.9M50x
GRVT BABA_USDT_Perp0.0000%8h118.64−0.014%$3K$216K10xas long as short
SunX BABA-USDTshort0.0000%8h118.660.000%$806$3.6M20x
HTX BABA-USDT0.0000%8h118.73+0.059%$30K$18K20xas long as short
Lighter BABA+0.0032%1h118.62−0.034%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.56−0.084%$427K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.377%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.58−0.067%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.62−0.034%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.54−0.101%$12.0M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.60−0.051%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.41−0.211%$241K$404K10xas long as short
Variational Omni BABA+0.0060%8h118.65−0.010%$267K$658Kas long as short
QFEX BABA-USD+0.0068%1h118.660.000%$1.2M$4.3M10xas long as short
KuCoin BABAUSDTM+0.0100%8h118.54−0.101%$617K$493K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.660.000%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0136%1h118.64−0.015%$43K$360K10xas long as short
Binance BABAUSDT+0.0142%8h118.67+0.005%$15.7M$30.1M20xas long as short
Phoenix BABA+0.0201%1h118.49−0.143%$66K$90K10xas long as short
Bitget BABAUSDT+0.0856%8h118.68+0.017%$2.4M$1.7M20xas long as short