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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.120%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
Funding pays, the price is against you. KuCoin is 0.120% cheaper against HTX than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.380get 0.0000% / 8h36m 09s$37K$2K20x
ShortKuCoin BABAUSDTM116.240.0100get 0.0100% / 8h36m 09s$602K$597K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.120% → 0.000%
−$12.03
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$15.03
Costs to cover
0.240%
Break-even
12.0 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 27 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 KuCoin live order book, 27 min ago11.63 bp50.9 bp −$51doesn't fitdoesn't fitdoesn'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%8h116.25−0.109%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.25−0.112%$2.2M$595K25xas long as short
Gate BABA_USDT0.0000%8h116.25−0.112%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.24−0.120%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.23−0.129%$810$4.2M20xas long as short
HTX BABA-USDTlong0.0000%8h116.38long leg$37K$2K20x
Lighter RH BABA+0.0032%1h116.27−0.095%$446K$580K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.464%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.22−0.137%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.22−0.137%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BABA+0.0048%8h116.30−0.067%$300K$620Kas long as short
Polymarket Perps BABA-USD+0.0050%1h116.17−0.180%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.25−0.112%$243K$352K10xas long as short
GRVT BABA_USDT_Perp+0.0068%8h116.30−0.072%$2K$248K10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h116.24−0.120%$602K$597K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.23−0.129%$2K$1K10xas long as short
Lighter BABA+0.0112%1h116.47+0.077%$385K$49K10xas long as short
Extended BABA_24_5-USD+0.0128%1h116.23−0.129%$42K$383K10xas long as short
Binance BABAUSDT+0.0129%8h116.25−0.112%$15.3M$21.4M20xas long as short
tradeXYZ xyz:BABA+0.0154%1h116.22−0.137%$12.1M$3.0M10xas long as short
Phoenix BABA+0.0276%1h116.34−0.034%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.27−0.095%$78K$94K10xas long as short