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

BABA

RWAall BABA markets
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Funding spread now, next payment 17:00 UTC−0.0161%/8h
next payment, per $10,000$0.20paid, last 24h−0.045%paid, last 3 days−0.198%to open and close $10k−$36
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix BABA115.950.0207pay 0.0026% / 1h11m 41s$79K$129K10x
ShortQFEX BABA-USD115.990.0045get 0.0006% / 1h11m 41s$1.2M$4.8M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$33.91
Slippage, 4 orders
−$19.29
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$70.2
Break-even
never at this rate
Slippage from Phoenix: live order book, 24 min ago; QFEX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.034%
Avg gap 7d
+0.018%
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, 24 min ago2.59 bp11.3 bp −$1123.9 bp −$239doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.72 bp7.0 bp −$79.1 bp −$91doesn'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$564K25xas long as short
Gate BABA_USDT0.0000%8h$1.4M$1.5M50xas long as short
SunX BABA-USDT0.0000%8h$829$4.2M20xas long as short
HTX BABA-USDT0.0000%8h$37K$2K20xas long as short
Variational Omni BABA+0.0007%8h$337K$558Kas long as short
Lighter RH BABA+0.0032%1h$457K$438K10xas long as short
Injective BABA/USDC PERP+0.0033%1h$11K$26K12xas long as short
QFEX BABA-USDshort+0.0045%1h$1.2M$4.8M10x
Vest BABA-USD-PERP+0.0046%1h$9K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget BABAUSDT+0.0050%8h$2.5M$1.3M20xas long as short
Polymarket Perps BABA-USD+0.0050%1h$7K$251K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h$274K$289K10xas long as short
tradeXYZ xyz:BABA+0.0067%1h$12.1M$2.9M10xas long as short
Binance BABAUSDT+0.0084%8h$15.5M$19.3M20xas long as short
Extended BABA_24_5-USD+0.0088%1h$18K$359K10xas long as short
KuCoin BABAUSDTM+0.0100%8h$601K$829K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h$2K$1K10xas long as short
Lighter BABA+0.0144%1h$383K$40K10xas long as short
Phoenix BABAlong+0.0207%1h$79K$129K10x
Arcus BABA-USD+0.0564%1h$79K$92K10xas long as short