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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.2% APRnext payment +$1.29 per $10,000 · paid last 24h +0.054%
Price spread now: Variational Omni against Aster−0.001%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BABAUSDT117.890get 0.0000% / 8h6h 04m$77K$27K20x
ShortVariational Omni BABA117.880.0129get 0.0129% / 8h6h 04m$265K$658K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$27.17
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$19.1
Costs to cover
0.080%
Break-even
2.1 days
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 65 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 Variational Omni RFQ quote, 65 min ago3.21 bpdoesn't fit17.9 bp −$179doesn'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%8h117.89long leg$77K$27K20x
Bybit BABAUSDT0.0000%8h117.99+0.089%$2.2M$564K25xas long as short
Gate BABA_USDT0.0000%8h117.98+0.080%$1.5M$1.6M50xas long as short
SunX BABA-USDT0.0000%8h117.91+0.021%$736$3.6M20xas long as short
HTX BABA-USDT0.0000%8h117.98+0.080%$38K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0016%8h117.77−0.094%$3K$223K10xas long as short
Lighter BABA+0.0032%1h117.98+0.080%$388K$46K10xas long as short
Lighter RH BABA+0.0032%1h117.83−0.047%$426K$502K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.735%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h117.95+0.055%$1.2M$4.4M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.82−0.055%$72K$109K10xas long as short
Vest BABA-USD-PERP+0.0046%1h118.00+0.097%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.84−0.038%$12.1M$3.5M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.91+0.021%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.97+0.072%$241K$370K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.93+0.038%$615K$524K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.95+0.055%$2K$79810xas long as short
Variational Omni BABAshort+0.0129%8h117.88−0.001%$265K$658K
Bitget BABAUSDT+0.0155%8h118.02+0.114%$2.5M$1.3M20xas long as short
Extended BABA_24_5-USD+0.0184%1h117.88−0.004%$45K$368K10xas long as short
Binance BABAUSDT+0.0186%8h117.91+0.020%$15.6M$23.7M20xas long as short
Phoenix BABA+0.0205%1h116.94−0.802%$65K$71K10xas long as short