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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX−0.009%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT116.950get 0.0000% / 8h1h 19m$575$3.3M20x
ShortOrderly PERP_BABA_USDC_mythos116.940.0100get 0.0100% / 8h1h 19m$2K$79810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.009% → 0.000%
−$0.86
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$6.14
Costs to cover
0.140%
Break-even
5.0 days
Slippage unknown: SunX: live order book, 8 min ago; Orderly: no order-book sample. 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 SunX live order book, 8 min ago45.38 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%8h117.07+0.107%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h116.97+0.017%$2.1M$734K25xas long as short
Gate BABA_USDT0.0000%8h116.92−0.026%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h116.96+0.009%$2.4M$1.8M20xas long as short
SunX BABA-USDTlong0.0000%8h116.95long leg$575$3.3M20x
HTX BABA-USDT0.0000%8h116.86−0.077%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0022%8h116.89−0.052%$2K$194K10xas long as short
Lighter BABA+0.0032%1h116.97+0.017%$372K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.93−0.017%$434K$511K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.949%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.88−0.060%$71K$110K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.94−0.009%$19K10xas long as short
Variational Omni BABA+0.0048%8h116.93−0.013%$364K$753Kas long as short
tradeXYZ xyz:BABA+0.0050%1h116.90−0.043%$11.7M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.89−0.051%$8K$285K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.82−0.111%$227K$421K10xas long as short
QFEX BABA-USD+0.0063%1h116.950.000%$1.2M$3.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.85−0.086%$608K$387K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h116.94−0.009%$2K$79810x
Binance BABAUSDT+0.0117%8h116.96+0.011%$15.1M$32.5M20xas long as short
Extended BABA_24_5-USD+0.0120%1h116.89−0.050%$44K$308K10xas long as short
Phoenix BABA+0.0204%1h116.84−0.094%$65K$89K10xas long as short