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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit+0.145%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.145% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT116.940get 0.0000% / 8h6h 57m$2.2M$591K25x
ShortHTX BABA-USDT117.110get 0.0000% / 8h6h 57m$37K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.145% → 0.000%
$14.54
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$8.46
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.83 bp18.3 bp −$1882.2 bp −$822doesn't fitdoesn't fit
Sell HTX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.85−0.075%$77K$27K20xas long as short
Bybit BABAUSDTlong0.0000%8h116.94long leg$2.2M$591K25x
Gate BABA_USDT0.0000%8h116.93−0.009%$1.4M$1.4M50xas long as short
Bitget BABAUSDT0.0000%8h116.92−0.017%$2.5M$1.3M20xas long as short
SunX BABA-USDT0.0000%8h116.90−0.034%$595$4.1M20xas long as short
HTX BABA-USDTshort0.0000%8h117.11+0.145%$37K$2K20x
Lighter BABA+0.0032%1h116.96+0.017%$385K$44K10xas long as short
Lighter RH BABA+0.0032%1h116.84−0.086%$422K$494K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.941%$11K$26K12xas long as short
QFEX BABA-USD+0.0035%1h116.89−0.043%$1.2M$4.8M10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BABA-USD+0.0040%1h117.00+0.051%$74K$102K10xas long as short
Vest BABA-USD-PERP+0.0046%1h116.940.000%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.82−0.103%$12.3M$3.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.82−0.103%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.87−0.060%$238K$357K10xas long as short
GRVT BABA_USDT_Perp+0.0071%8h117.28+0.291%$3K$232K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.84−0.086%$607K$537K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.91−0.026%$1K$1K10xas long as short
Variational Omni BABA+0.0155%8h117.28+0.290%$303K$619Kas long as short
Extended BABA_24_5-USD+0.0208%1h116.89−0.039%$47K$366K10xas long as short
Binance BABAUSDT+0.0212%8h116.92−0.019%$15.4M$22.8M20xas long as short
Phoenix BABA+0.0343%1h117.05+0.094%$66K$61K10xas long as short