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 0.000%
Price spread now: Gate against Bybit+0.009%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.617% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 7 days−0.016%−$2 · spread now +0.009%, 7d avg +0.003%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT115.970get 0.0000% / 8h1h 59m$2.2M$614K25x
ShortGate BABA_USDT115.980get 0.0000% / 8h1h 59m$1.4M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.009% → +0.003%
$0.59
Slippage, 4 orders
−$35.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$61.09
Costs to cover
0.617%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago2.16 bp15.8 bp −$16168.9 bp −$1,689doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.16 bp13.6 bp −$1496.5 bp −$965doesn'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%8h116.10+0.116%$73K$25K20xas long as short
Bybit BABAUSDTlong0.0000%8h115.97long leg$2.2M$614K25x
Gate BABA_USDTshort0.0000%8h115.98+0.009%$1.4M$1.7M50x
Bitget BABAUSDT0.0000%8h115.99+0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.99+0.018%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.99+0.017%$803$4.2M20xas long as short
HTX BABA-USDT0.0000%8h116.02+0.043%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0009%8h115.99+0.017%$3K$269K10xas long as short
Binance BABAUSDT+0.0031%8h115.99+0.017%$15.4M$21.1M20xas long as short
Lighter BABA+0.0032%1h116.16+0.164%$384K$51K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BABA+0.0032%1h115.95−0.017%$445K$595K10xas long as short
Extended BABA_24_5-USD+0.0032%1h115.98+0.005%$42K$383K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.112%$11K$26K12xas long as short
QFEX BABA-USD+0.0042%1h115.86−0.095%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.90−0.060%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.93−0.034%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.90−0.060%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.80−0.147%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.89−0.069%$601K$665K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.00+0.026%$2K$1K10xas long as short
Phoenix BABA+0.0207%1h115.93−0.034%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h115.98+0.009%$79K$93K10xas long as short