Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Aster−0.004%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BABAUSDT	116.04	0	get 0.0000% / 8h	3h 30m	$73K	$25K	20x
Short	HTX BABA-USDT	116.04	0	get 0.0000% / 8h	3h 30m	$37K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → 0.000%: −$0.41
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$20.41
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Aster and HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDTlong	0.0000%	8h	116.04	long leg	$73K	$25K	20x
Bybit BABAUSDT	0.0000%	8h	116.01	−0.030%	$2.2M	$600K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.05	+0.005%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.01	−0.030%	$2.5M	$1.3M	20x	as long as short
Variational Omni BABA	0.0000%	8h	116.05	+0.006%	$289K	$606K	—	as long as short
SunX BABA-USDT	0.0000%	8h	116.05	+0.005%	$739	$4.2M	20x	as long as short
HTX BABA-USDTshort	0.0000%	8h	116.04	−0.004%	$37K	$2K	20x
Lighter BABA	+0.0032%	1h	116.17	+0.108%	$384K	$51K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	116.03	−0.013%	$450K	$583K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.176%	$11K	$26K	12x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	115.99	−0.047%	—	$9K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	115.98	−0.056%	$12.1M	$3.0M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	115.94	−0.090%	$10K	$263K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	115.90	−0.125%	$248K	$328K	10x	as long as short
QFEX BABA-USD	+0.0065%	1h	116.03	−0.013%	$1.2M	$4.9M	10x	as long as short
Extended BABA_24_5-USD	+0.0080%	1h	116.05	+0.003%	$18K	$359K	10x	as long as short
Binance BABAUSDT	+0.0082%	8h	116.05	+0.005%	$15.5M	$19.9M	20x	as long as short
GRVT BABA_USDT_Perp	+0.0086%	8h	116.00	−0.041%	$3K	$269K	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	115.94	−0.090%	$602K	$722K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.04	−0.004%	$2K	$1K	10x	as long as short
Phoenix BABA	+0.0345%	1h	116.06	+0.013%	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0765%	1h	116.04	−0.004%	$79K	$93K	10x	as long as short