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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against KuCoin−0.017%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1881.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.143%−$14 · spread now −0.017%, 7d avg −0.011%
Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM119.470.0100pay 0.0100% / 8h5h 00m$622K$503K20x
ShorttradeXYZ xyz:BABA119.450.0050get 0.0006% / 1h0m 27s$12.0M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$10.5
Price spread: −0.017% → −0.011%
−$0.61
Slippage, 4 orders
−$157.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$198.86
Costs to cover
1.878%
Break-even
never at this rate
Slippage from KuCoin: live order book, 23 min ago; tradeXYZ: live order book, 8 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 KuCoin live order book, 23 min ago31.54 bp84.7 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago1.68 bp12.8 bp −$1317.4 bp −$174doesn'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%8h119.49+0.016%$78K$31K20xas long as short
Bybit BABAUSDT0.0000%8h119.57+0.084%$2.2M$645K25xas long as short
Gate BABA_USDT0.0000%8h119.54+0.059%$1.5M$1.8M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h119.27−0.167%$3K$217K10xas long as short
SunX BABA-USDT0.0000%8h119.49+0.017%$879$3.6M20xas long as short
HTX BABA-USDT0.0000%8h119.51+0.033%$30K$18K20xas long as short
Lighter BABA+0.0032%1h119.58+0.092%$380K$73K10xas long as short
Lighter RH BABA+0.0032%1h119.54+0.059%$430K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.038%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.33−0.117%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.58+0.092%$19K10xas long as short
tradeXYZ xyz:BABAshort+0.0050%1h119.45−0.017%$12.0M$4.0M10x
Polymarket Perps BABA-USD+0.0050%1h119.45−0.017%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.470.000%$241K$404K10xas long as short
QFEX BABA-USD+0.0061%1h119.48+0.008%$1.2M$4.4M10xas long as short
Variational Omni BABA+0.0070%8h119.49+0.017%$269K$658Kas long as short
KuCoin BABAUSDTMlong+0.0100%8h119.47long leg$622K$503K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.50+0.025%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0136%1h119.44−0.024%$44K$363K10xas long as short
Binance BABAUSDT+0.0137%8h119.52+0.042%$15.7M$29.6M20xas long as short
Phoenix BABA+0.0203%1h119.34−0.109%$67K$68K10xas long as short
Bitget BABAUSDT+0.0977%8h119.52+0.042%$2.5M$1.7M20xas long as short