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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against SunX+0.042%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1631.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.042%, 7d avg +0.031%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT119.760get 0.0000% / 8h5h 52m$859$2.5M20x
ShortBitget BABAUSDT119.810get 0.0000% / 8h5h 52m$2.3M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
Price spread: +0.042% → +0.031%
$1.12
Slippage, 4 orders
−$143.5
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$162.37
Costs to cover
1.635%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Bitget: live order book, 2 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 SunX live order book, 8 min ago45.94 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.92 bp16.1 bp −$1663.3 bp −$633doesn't fitdoesn't fit

BABA on 22 exchanges

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%8h119.77+0.012%$70K$40K20xas long as short
Bybit BABAUSDT0.0000%8h119.94+0.150%$2.2M$711K25xas long as short
Gate BABA_USDT0.0000%8h119.85+0.075%$1.5M$2.0M50xas long as short
Bitget BABAUSDTshort0.0000%8h119.81+0.042%$2.3M$2.2M20x
SunX BABA-USDTlong0.0000%8h119.76long leg$859$2.5M20x
HTX BABA-USDT0.0000%8h119.77+0.008%$30K$19K20xas long as short
QFEX BABA-USD+0.0029%1h119.69−0.058%$1.2M$2.9M10xas long as short
Lighter BABA+0.0032%1h119.93+0.142%$384K$73K10xas long as short
Lighter RH BABA+0.0032%1h119.82+0.050%$436K$509K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.273%$11K$26K12xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h119.67−0.075%$72K$134K10xas long as short
Vest BABA-USD-PERP+0.0046%1h119.84+0.067%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.63−0.109%$8K$177K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.67−0.075%$220K$446K10xas long as short
KuCoin BABAUSDTM+0.0100%8h119.70−0.050%$624K$515K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.82+0.050%$2K$79810xas long as short
tradeXYZ xyz:BABA+0.0105%1h119.80+0.033%$12.0M$4.8M10xas long as short
Variational Omni BABA+0.0223%8h119.93+0.146%$375K$672Kas long as short
GRVT BABA_USDT_Perp+0.0266%8h119.93+0.142%$3K$180K10xas long as short
Phoenix BABA+0.0267%1h119.760.000%$67K$109K10xas long as short
Binance BABAUSDT+0.0270%8h119.84+0.067%$15.2M$33.7M20xas long as short
Extended BABA_24_5-USD+0.0272%1h119.77+0.005%$47K$312K10xas long as short