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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0626%/8h= −68.5% APRpaid last 24h −0.109%
Price spread now: Bitget against Arcus−0.017%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.455% of the position
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 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: −$19 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BABA-USD116.490.0626pay 0.0078% / 1h55m 34s$75K$101K10x
ShortBitget BABAUSDT116.470get 0.0000% / 8h7h 55m$2.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Arcus. 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
−$131.45
Price spread: −0.017% → 0.000%
−$1.72
Slippage, 4 orders
−$29.03
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$178.7
Costs to cover
0.455%
Break-even
never at this rate
Slippage from Arcus: 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 Arcus live order book, 8 min ago0.43 bp4.3 bp −$410.0 bp −$100doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.43 bp17.2 bp −$1754.4 bp −$544doesn't fitdoesn't fit

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%8h116.39−0.083%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.50+0.009%$2.2M$584K25xas long as short
Gate BABA_USDT0.0000%8h116.45−0.034%$1.4M$1.6M50xas long as short
Bitget BABAUSDTshort0.0000%8h116.47−0.017%$2.5M$1.3M20x
SunX BABA-USDT0.0000%8h116.50+0.009%$1K$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.58+0.077%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.43−0.052%$444K$479K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.558%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.37−0.103%$9K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.37−0.103%$10K$264K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps BABA-USD.P+0.0050%1h116.16−0.283%$243K$344K10xas long as short
tradeXYZ xyz:BABA+0.0056%1h116.37−0.103%$12.1M$3.1M10xas long as short
QFEX BABA-USD+0.0072%1h116.43−0.052%$1.2M$5.2M10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.39−0.086%$604K$566K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.47−0.017%$2K$79810xas long as short
Variational Omni BABA+0.0141%8h116.48−0.005%$301K$619Kas long as short
Binance BABAUSDT+0.0213%8h116.47−0.017%$15.4M$21.7M20xas long as short
Extended BABA_24_5-USD+0.0216%1h116.45−0.036%$42K$380K10xas long as short
Phoenix BABA+0.0276%1h116.38−0.094%$65K$133K10xas long as short
GRVT BABA_USDT_Perp+0.0333%8h116.43−0.048%$2K$245K10xas long as short
Lighter BABA+0.0344%1h116.59+0.086%$385K$49K10xas long as short
Arcus BABA-USDlong+0.0626%1h116.49long leg$75K$101K10x