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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$1.49 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against HTX−0.017%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT117.320get 0.0000% / 8h1h 47m$30K$19K20x
ShortBinance BABAUSDT117.300.0149get 0.0149% / 8h1h 47m$15.3M$32.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$31.34
Price spread: −0.017% → 0.000%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$7.64
Costs to cover
0.220%
Break-even
5.3 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 9 min ago. 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 HTX no order-book sample
Sell Binance live order book, 9 min ago0.43 bp7.0 bp −$722.4 bp −$22479.6 bp −$7,965doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h117.43+0.090%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.26−0.051%$2.1M$732K25xas long as short
Gate BABA_USDT0.0000%8h117.29−0.026%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.320.000%$2.4M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h117.29−0.026%$715$3.3M20xas long as short
HTX BABA-USDTlong0.0000%8h117.32long leg$30K$19K20x
Lighter BABA+0.0032%1h117.34+0.017%$373K$72K10xas long as short
Lighter RH BABA+0.0032%1h117.27−0.043%$435K$510K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.262%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.24−0.068%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.320.000%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.22−0.085%$11.8M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.22−0.085%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.23−0.077%$225K$418K10xas long as short
GRVT BABA_USDT_Perp+0.0059%8h117.30−0.017%$2K$193K10xas long as short
QFEX BABA-USD+0.0063%1h117.27−0.043%$1.2M$3.1M10xas long as short
Variational Omni BABA+0.0087%8h117.27−0.046%$264K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h117.25−0.060%$610K$409K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.27−0.043%$2K$79810xas long as short
Binance BABAUSDTshort+0.0149%8h117.30−0.017%$15.3M$32.0M20x
Extended BABA_24_5-USD+0.0152%1h117.20−0.104%$44K$352K10xas long as short
Phoenix BABA+0.0204%1h117.320.000%$66K$89K10xas long as short