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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Ondo Perps+0.026%7-day average +0.018% · 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+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.026%, 7d avg +0.018%
Together, before fees+0.059%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BABA-USD.P116.870.0050pay 0.0006% / 1h13m 28s$239K$366K10x
ShorttradeXYZ xyz:BABA116.900.0050get 0.0006% / 1h13m 28s$12.0M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Ondo Perps. 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
−$0.08
Price spread: +0.026% → +0.018%
$0.74
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$22.35
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 5 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 Ondo Perps no order-book sample
Sell tradeXYZ live order book, 5 min ago2.14 bp11.1 bp −$1112.9 bp −$129doesn't fitdoesn't fit
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%8h116.94+0.057%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.97+0.086%$2.1M$555K25xas long as short
Gate BABA_USDT0.0000%8h116.98+0.094%$1.5M$1.6M50xas long as short
SunX BABA-USDT0.0000%8h116.83−0.034%$1K$3.7M20xas long as short
HTX BABA-USDT0.0000%8h117.00+0.111%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0011%8h116.99+0.104%$3K$224K10xas long as short
Lighter BABA+0.0032%1h116.99+0.103%$385K$45K10xas long as short
Lighter RH BABA+0.0032%1h116.85−0.017%$423K$499K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.881%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.98+0.094%$1.2M$4.5M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.870.000%$73K$100K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.95+0.068%$18K10xas long as short
tradeXYZ xyz:BABAshort+0.0050%1h116.90+0.026%$12.0M$3.5M10x
Polymarket Perps BABA-USD+0.0050%1h116.90+0.026%$10K$264K10xas long as short
Ondo Perps BABA-USD.Plong+0.0050%1h116.87long leg$239K$366K10x
Bitget BABAUSDT+0.0052%8h117.01+0.120%$2.5M$1.3M20xas long as short
KuCoin BABAUSDTM+0.0100%8h116.88+0.009%$609K$528K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.95+0.068%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.72−0.125%$263K$658Kas long as short
Extended BABA_24_5-USD+0.0192%1h116.87+0.002%$43K$365K10xas long as short
Binance BABAUSDT+0.0194%8h116.95+0.072%$15.6M$23.5M20xas long as short
Phoenix BABA+0.0205%1h116.94+0.060%$65K$71K10xas long as short