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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0033%/8hpaid last 24h −0.010%
Price spread now: HTX against Injective+0.199%65s7-day average · you sell dearer than you buy
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 4 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 pays, funding is against you. HTX is 0.199% dearer against Injective than usual: you sell high and buy low (spread +0.199% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BABA/USDC PERP115.840.0033pay 0.0004% / 1h21m 58s$11K$26K12x
ShortHTX BABA-USDT116.070get 0.0000% / 8h4h 21m$37K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
−$7
Price spread: +0.199% → 0.000%
$19.85
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$0.83
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell HTX no order-book sample
Injective and 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%8h115.99+0.133%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h116.04+0.173%$2.2M$581K25xas long as short
Gate BABA_USDT0.0000%8h116.04+0.173%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.05+0.181%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h116.02+0.159%$299K$596Kas long as short
SunX BABA-USDT0.0000%8h116.04+0.173%$637$4.2M20xas long as short
HTX BABA-USDTshort0.0000%8h116.07+0.199%$37K$2K20x
GRVT BABA_USDT_Perp+0.0027%8h116.00+0.138%$2K$267K10xas long as short
Lighter RH BABA+0.0032%1h116.06+0.190%$456K$445K10xas long as short
Injective BABA/USDC PERPlong+0.0033%1h115.84long leg$11K$26K12x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h115.93+0.078%$9K10xas long as short
Lighter BABA+0.0048%1h116.08+0.207%$384K$44K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.94+0.086%$8K$252K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.93+0.078%$248K$328K10xas long as short
QFEX BABA-USD+0.0054%1h116.04+0.173%$1.2M$4.9M10xas long as short
Binance BABAUSDT+0.0062%8h116.06+0.190%$15.5M$19.7M20xas long as short
Extended BABA_24_5-USD+0.0064%1h116.06+0.186%$18K$359K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.93+0.078%$603K$764K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.06+0.190%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0138%1h116.00+0.138%$12.1M$2.9M10xas long as short
Phoenix BABA+0.0276%1h116.04+0.173%$79K$129K10xas long as short
Arcus BABA-USD+0.0637%1h116.04+0.173%$79K$93K10xas long as short