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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against KuCoin+0.068%7-day average −0.030% · 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 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.068%, 7d avg −0.030%
Together, before fees−0.243%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.097% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.030%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM118.260.0100pay 0.0100% / 8h4h 08m$616K$477K20x
ShortOndo Perps BABA-USD.P118.340.0050get 0.0006% / 1h8m 34s$238K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$10.42
Price spread: +0.068% → −0.030%
$9.74
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.68
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Ondo Perps: 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 KuCoin live order book, 5 min ago19.45 bp72.3 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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%8h118.39+0.106%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.33+0.059%$2.1M$698K25xas long as short
Gate BABA_USDT0.0000%8h118.37+0.093%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.39+0.110%$902$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.43+0.144%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0013%8h118.40+0.118%$3K$216K10xas long as short
Lighter BABA+0.0032%1h118.40+0.118%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.35+0.076%$438K$508K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.046%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.32+0.051%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.44+0.152%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.28+0.017%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.30+0.034%$9K$266K10xas long as short
Ondo Perps BABA-USD.Pshort+0.0050%1h118.34+0.068%$238K$407K10x
QFEX BABA-USD+0.0068%1h118.40+0.118%$1.2M$4.1M10xas long as short
Variational Omni BABA+0.0069%8h118.35+0.079%$266K$658Kas long as short
KuCoin BABAUSDTMlong+0.0100%8h118.26long leg$616K$477K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.35+0.076%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0136%1h118.35+0.073%$44K$358K10xas long as short
Binance BABAUSDT+0.0138%8h118.38+0.101%$15.6M$30.3M20xas long as short
Phoenix BABA+0.0201%1h118.30+0.034%$66K$90K10xas long as short
Bitget BABAUSDT+0.0516%8h118.41+0.127%$2.4M$1.7M20xas long as short