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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.119%
Price spread now: Vest against Arcus+0.176%51s7-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 4 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.176% dearer against Arcus than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BABA-USD119.560.0040pay 0.0005% / 1h46m 40s$71K$134K10x
ShortVest BABA-USD-PERP119.770.0046get 0.0006% / 1h46m 40s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$1.13
Price spread: +0.176% → 0.000%
$17.56
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Vest: 1 bp × 2 orders
−$2
Net
$12.2
Costs to cover
0.065%
Break-even
from the start
Slippage unknown: Arcus: live order book, 64 min ago; Vest: 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 Arcus live order book, 64 min ago4.63 bp10.5 bp −$1011.0 bp −$110doesn't fitdoesn't fit
Sell Vest no order-book sample
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 exchanges

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%8h119.69+0.106%$70K$40K20xas long as short
Bybit BABAUSDT0.0000%8h119.71+0.125%$2.2M$708K25xas long as short
Gate BABA_USDT0.0000%8h119.63+0.059%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h119.63+0.059%$2.3M$2.2M20xas long as short
SunX BABA-USDT0.0000%8h119.65+0.075%$695$2.5M20xas long as short
HTX BABA-USDT0.0000%8h119.64+0.067%$30K$19K20xas long as short
QFEX BABA-USD+0.0029%1h119.59+0.025%$1.2M$2.9M10xas long as short
Lighter BABA+0.0032%1h119.79+0.192%$383K$73K10xas long as short
Lighter RH BABA+0.0032%1h119.59+0.025%$435K$509K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.111%$11K$26K12xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USDlong+0.0040%1h119.56long leg$71K$134K10x
Vest BABA-USD-PERPshort+0.0046%1h119.77+0.176%$19K10x
Polymarket Perps BABA-USD+0.0050%1h119.58+0.017%$8K$177K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.63+0.059%$212K$446K10xas long as short
tradeXYZ xyz:BABA+0.0060%1h119.60+0.033%$12.0M$4.8M10xas long as short
KuCoin BABAUSDTM+0.0100%8h119.66+0.084%$623K$522K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.65+0.075%$2K$79810xas long as short
GRVT BABA_USDT_Perp+0.0212%8h119.64+0.065%$3K$182K10xas long as short
Variational Omni BABA+0.0221%8h119.63+0.062%$374K$672Kas long as short
Binance BABAUSDT+0.0253%8h119.66+0.086%$15.1M$33.8M20xas long as short
Extended BABA_24_5-USD+0.0256%1h119.62+0.050%$44K$315K10xas long as short
Phoenix BABA+0.0267%1h119.57+0.008%$67K$109K10xas long as short