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: SunX against Bybit0.000%56s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1611.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.075%+$7 · spread now 0.000%, 7d avg +0.014%
Together, before fees+0.075%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT116.300get 0.0000% / 8h41m 21s$2.2M$595K25x
ShortSunX BABA-USDT116.300get 0.0000% / 8h41m 21s$799$4.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: 0.000% → +0.014%
−$1.36
Slippage, 4 orders
−$141.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$162.1
Costs to cover
1.607%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; SunX: live order book, 7 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, just now4.73 bp15.3 bp −$15100.5 bp −$1,005doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago45.61 bp64.6 bp −$65doesn't fitdoesn'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%8h116.23−0.060%$75K$27K20xas long as short
Bybit BABAUSDTlong0.0000%8h116.30long leg$2.2M$595K25x
Gate BABA_USDT0.0000%8h116.31+0.009%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.35+0.043%$2.5M$1.4M20xas long as short
SunX BABA-USDTshort0.0000%8h116.300.000%$799$4.2M20x
HTX BABA-USDT0.0000%8h116.42+0.103%$37K$2K20xas long as short
Variational Omni BABA+0.0006%8h116.25−0.043%$300K$620Kas long as short
Lighter RH BABA+0.0032%1h116.28−0.017%$447K$580K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.396%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h116.18−0.103%$9K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BABA-USD+0.0047%1h116.24−0.052%$1.2M$5.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.16−0.120%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.04−0.224%$243K$352K10xas long as short
GRVT BABA_USDT_Perp+0.0059%8h116.34+0.034%$2K$248K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.21−0.077%$602K$602K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.300.000%$2K$1K10xas long as short
Lighter BABA+0.0112%1h116.43+0.112%$385K$49K10xas long as short
Extended BABA_24_5-USD+0.0112%1h116.29−0.009%$42K$383K10xas long as short
Binance BABAUSDT+0.0115%8h116.300.000%$15.3M$21.3M20xas long as short
tradeXYZ xyz:BABA+0.0153%1h116.24−0.052%$12.1M$3.1M10xas long as short
Phoenix BABA+0.0276%1h116.34+0.034%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.27−0.026%$78K$94K10xas long as short