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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Aster against Vest+0.063%57s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.063% dearer against Vest than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP116.950.0046pay 0.0006% / 1h18m 34s$19K10x
ShortAster BABAUSDT117.020get 0.0000% / 8h1h 18m$68K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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
−$9.59
Price spread: +0.063% → 0.000%
$6.32
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.28
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Aster: 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 Vest no order-book sample
Sell Aster no order-book sample
Vest and Aster: 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 BABAUSDTshort0.0000%8h117.02+0.063%$68K$36K20x
Bybit BABAUSDT0.0000%8h116.91−0.034%$2.1M$734K25xas long as short
Gate BABA_USDT0.0000%8h116.92−0.026%$1.5M$2.1M50xas long as short
Bitget BABAUSDT0.0000%8h116.91−0.034%$2.3M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h116.96+0.009%$799$3.3M20xas long as short
HTX BABA-USDT0.0000%8h117.10+0.128%$30K$19K20xas long as short
GRVT BABA_USDT_Perp+0.0022%8h116.89−0.052%$2K$194K10xas long as short
Lighter BABA+0.0032%1h116.98+0.026%$372K$72K10xas long as short
Lighter RH BABA+0.0032%1h116.89−0.051%$434K$512K10xas 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-PERPlong+0.0046%1h116.95long leg$19K10x
Variational Omni BABA+0.0048%8h116.93−0.013%$364K$753Kas long as short
tradeXYZ xyz:BABA+0.0050%1h116.84−0.094%$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$422K10xas long as short
QFEX BABA-USD+0.0063%1h116.90−0.043%$1.2M$3.1M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.88−0.060%$608K$386K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.94−0.009%$2K$79810xas long as short
Binance BABAUSDT+0.0116%8h116.90−0.045%$15.1M$32.5M20xas long as short
Extended BABA_24_5-USD+0.0120%1h116.87−0.069%$44K$308K10xas long as short
Phoenix BABA+0.0204%1h116.84−0.094%$65K$89K10xas long as short