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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.062%
Price spread now: Extended against Aster+0.049%7-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 7 days+0.097%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.049% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT116.250get 0.0000% / 8h23m 06s$75K$27K20x
ShortExtended BABA_24_5-USD116.310.0168get 0.0021% / 1h23m 06s$42K$383K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
$35.28
Price spread: +0.049% → 0.000%
$4.94
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$27.22
Costs to cover
0.130%
Break-even
1.6 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 54 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 Aster no order-book sample
Sell Extended live order book, 54 min ago3.02 bp12.6 bp −$13118.5 bp −$1,185doesn't fitdoesn't fit
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 BABAUSDTlong0.0000%8h116.25long leg$75K$27K20x
Bybit BABAUSDT0.0000%8h116.36+0.093%$2.2M$601K25xas long as short
Gate BABA_USDT0.0000%8h116.33+0.067%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.33+0.067%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.32+0.059%$658$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.38+0.110%$37K$2K20xas long as short
Lighter RH BABA+0.0032%1h116.32+0.059%$446K$590K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.354%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.24−0.010%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.29+0.033%$1.2M$5.2M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h116.23−0.019%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.29+0.033%$242K$354K10xas long as short
Variational Omni BABA+0.0076%8h116.30+0.043%$301K$620Kas long as short
GRVT BABA_USDT_Perp+0.0091%8h116.28+0.023%$2K$246K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.16−0.079%$602K$589K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.32+0.059%$2K$1K10xas long as short
Lighter BABA+0.0104%1h116.47+0.188%$385K$50K10xas long as short
tradeXYZ xyz:BABA+0.0157%1h116.25−0.001%$12.1M$3.1M10xas long as short
Extended BABA_24_5-USDshort+0.0168%1h116.31+0.049%$42K$383K10x
Binance BABAUSDT+0.0170%8h116.33+0.067%$15.3M$21.8M20xas long as short
Phoenix BABA+0.0276%1h116.36+0.093%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.33+0.067%$77K$96K10xas long as short