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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0162%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.051%
Price spread now: Extended against Vest−0.039%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 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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.039% cheaper against Vest than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 19 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP116.940.0046pay 0.0006% / 1h57m 46s$18K10x
ShortExtended BABA_24_5-USD116.890.0208get 0.0026% / 1h57m 46s$47K$366K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$34.09
Price spread: −0.039% → 0.000%
−$3.88
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$23.21
Costs to cover
0.070%
Break-even
2.2 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 10 min ago. 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 Extended live order book, 10 min ago1.71 bp11.2 bp −$11162.0 bp −$1,620doesn't fitdoesn't fit
Vest: 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%8h116.85−0.075%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.940.000%$2.2M$591K25xas long as short
Gate BABA_USDT0.0000%8h116.93−0.009%$1.4M$1.4M50xas long as short
Bitget BABAUSDT0.0000%8h116.92−0.017%$2.5M$1.3M20xas long as short
SunX BABA-USDT0.0000%8h116.90−0.034%$595$4.1M20xas long as short
HTX BABA-USDT0.0000%8h117.11+0.145%$37K$2K20xas long as short
Lighter BABA+0.0032%1h116.96+0.017%$385K$44K10xas long as short
Lighter RH BABA+0.0032%1h116.84−0.086%$422K$494K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.941%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.89−0.043%$1.2M$4.8M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.00+0.051%$74K$102K10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h116.94long leg$18K10x
tradeXYZ xyz:BABA+0.0050%1h116.82−0.103%$12.3M$3.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.82−0.103%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.87−0.060%$238K$357K10xas long as short
GRVT BABA_USDT_Perp+0.0071%8h117.28+0.291%$3K$232K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.84−0.086%$607K$537K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.91−0.026%$1K$1K10xas long as short
Variational Omni BABA+0.0155%8h117.28+0.290%$303K$619Kas long as short
Extended BABA_24_5-USDshort+0.0208%1h116.89−0.039%$47K$366K10x
Binance BABAUSDT+0.0212%8h116.92−0.019%$15.4M$22.8M20xas long as short
Phoenix BABA+0.0343%1h117.05+0.094%$66K$61K10xas long as short