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

BABA

RWAall BABA markets
SwapBacktest
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 +0.020%
Price spread now: Bitget against Bybit+0.043%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days−0.095%−$9 · spread now +0.043%, 7d avg +0.004%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.039% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT115.910get 0.0000% / 8h2h 04m$2.2M$614K25x
ShortBitget BABAUSDT115.960get 0.0000% / 8h2h 04m$2.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: +0.043% → +0.004%
$3.92
Slippage, 4 orders
−$35.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$55.07
Costs to cover
0.590%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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 Bybit live order book, 3 min ago3.88 bp18.2 bp −$18138.5 bp −$1,385doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.15 bp10.7 bp −$1127.7 bp −$277doesn'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%8h116.09+0.154%$73K$25K20xas long as short
Bybit BABAUSDTlong0.0000%8h115.91long leg$2.2M$614K25x
Gate BABA_USDT0.0000%8h115.98+0.060%$1.4M$1.7M50xas long as short
Bitget BABAUSDTshort0.0000%8h115.96+0.043%$2.5M$1.3M20x
Variational Omni BABA0.0000%8h115.97+0.050%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.96+0.043%$594$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.00+0.078%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0016%8h115.99+0.071%$3K$269K10xas long as short
Lighter BABA+0.0032%1h116.13+0.190%$384K$51K10xas long as short
Lighter RH BABA+0.0032%1h115.93+0.017%$445K$595K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABA_24_5-USD+0.0032%1h115.95+0.033%$42K$383K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.060%$11K$26K12xas long as short
Binance BABAUSDT+0.0035%8h115.96+0.044%$15.3M$21.1M20xas long as short
QFEX BABA-USD+0.0042%1h115.94+0.026%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.92+0.009%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.87−0.035%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.88−0.026%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.90−0.009%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.86−0.043%$602K$670K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.98+0.060%$2K$1K10xas long as short
Phoenix BABA+0.0207%1h116.00+0.078%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h115.94+0.026%$79K$93K10xas long as short