data as of
Settings8H · net · $10k
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Funding arb /

BABA

RWAall BABA markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC−0.0244%/8h
next payment, per $10,000−$0.30paid, last 24h−0.049%paid, last 5 days−0.150%to open and close $10k−$26
Long on PhoenixShort on Lighter RH
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix BABA115.970.0276pay 0.0034% / 1h10m 34s$79K$129K10x
ShortLighter RH BABA116.000.0032get 0.0004% / 1h10m 34s$456K$444K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$51.19
Slippage, 4 orders
−$18.57
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$76.76
Break-even
never at this rate
Slippage from Phoenix: live order book, 20 min ago; Lighter RH: live order book, 23 min ago.

Price risk

price view
Price gap now
+0.026%
Avg gap 7d
−0.041%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 20 min ago2.59 bp10.0 bp −$1020.8 bp −$208doesn't fitdoesn't fit
Sell Lighter RH live order book, 23 min ago2.16 bp3.1 bp −$39.6 bp −$96doesn't fitdoesn't fit

BABA on 21 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster BABAUSDT0.0000%8h$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h$2.2M$570K25xas long as short
Gate BABA_USDT0.0000%8h$1.4M$1.5M50xas long as short
Bitget BABAUSDT0.0000%8h$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h$337K$558K—as long as short
SunX BABA-USDT0.0000%8h$780$4.2M20xas long as short
HTX BABA-USDT0.0000%8h$37K$2K20xas long as short
Lighter BABA+0.0032%1h$384K$44K10xas long as short
Lighter RH BABAshort+0.0032%1h$456K$444K10x
Injective BABA/USDC PERP+0.0033%1h$11K$26K12xas long as short
Show all 21 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended BABA_24_5-USD+0.0040%1h$18K$359K10xas long as short
Binance BABAUSDT+0.0041%8h$15.5M$19.5M20xas long as short
Vest BABA-USD-PERP+0.0046%1h—$9K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h$8K$252K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h$274K$289K10xas long as short
QFEX BABA-USD+0.0052%1h$1.2M$4.9M10xas long as short
tradeXYZ xyz:BABA+0.0073%1h$12.1M$2.9M10xas long as short
KuCoin BABAUSDTM+0.0100%8h$604K$789K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h$2K$1K10xas long as short
Phoenix BABAlong+0.0276%1h$79K$129K10x
Arcus BABA-USD+0.0683%1h$79K$92K10xas long as short