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: Ondo Perps against tradeXYZ−0.026%7-day average −0.018% · 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 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 airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BABA116.900.0050pay 0.0006% / 1h13m 07s$12.0M$3.5M10x
ShortOndo Perps BABA-USD.P116.870.0050get 0.0006% / 1h13m 07s$239K$366K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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 tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$23.65
Costs to cover
0.230%
Break-even
1978.0 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; Ondo Perps: 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 tradeXYZ live order book, 6 min ago2.14 bp11.1 bp −$1117.3 bp −$173doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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+0.036%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.95+0.043%$2.1M$555K25xas long as short
Gate BABA_USDT0.0000%8h116.98+0.068%$1.5M$1.6M50xas long as short
SunX BABA-USDT0.0000%8h116.99+0.077%$862$3.7M20xas long as short
HTX BABA-USDT0.0000%8h117.00+0.086%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0011%8h116.99+0.078%$3K$224K10xas long as short
Lighter BABA+0.0032%1h117.03+0.111%$385K$45K10xas long as short
Lighter RH BABA+0.0032%1h116.900.000%$423K$499K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.907%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.98+0.068%$1.2M$4.5M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h116.87−0.026%$73K$100K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.95+0.043%$18K10xas long as short
tradeXYZ xyz:BABAlong+0.0050%1h116.90long leg$12.0M$3.5M10x
Polymarket Perps BABA-USD+0.0050%1h116.900.000%$10K$264K10xas long as short
Ondo Perps BABA-USD.Pshort+0.0050%1h116.87−0.026%$239K$366K10x
Bitget BABAUSDT+0.0052%8h117.01+0.094%$2.5M$1.3M20xas long as short
KuCoin BABAUSDTM+0.0100%8h116.91+0.009%$609K$528K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.95+0.043%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.72−0.151%$263K$658Kas long as short
Extended BABA_24_5-USD+0.0192%1h116.93+0.027%$43K$365K10xas long as short
Binance BABAUSDT+0.0194%8h116.96+0.051%$15.6M$23.5M20xas long as short
Phoenix BABA+0.0205%1h116.94+0.034%$65K$71K10xas long as short