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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Bybit+0.042%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.042% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABAUSDT118.250get 0.0000% / 8h3h 16m$2.1M$706K25x
ShortVest BABA-USD-PERP118.300.0046get 0.0006% / 1h16m 34s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.042% → 0.000%
$4.23
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Vest: 1 bp × 2 orders
−$2
Net
$0.82
Costs to cover
0.130%
Break-even
6.4 days
Slippage unknown: Bybit: live order book, just now; Vest: 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, just now2.11 bp15.5 bp −$16105.7 bp −$1,057doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%8h118.38+0.108%$70K$35K20xas long as short
Bybit BABAUSDTlong0.0000%8h118.25long leg$2.1M$706K25x
Gate BABA_USDT0.0000%8h118.29+0.034%$1.5M$2.0M50xas long as short
SunX BABA-USDT0.0000%8h118.28+0.025%$804$3.4M20xas long as short
HTX BABA-USDT0.0000%8h118.31+0.051%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0007%8h118.41+0.135%$3K$193K10xas long as short
Lighter BABA+0.0032%1h118.36+0.093%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.27+0.017%$437K$508K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.038%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.27+0.017%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERPshort+0.0046%1h118.30+0.042%$19K10x
tradeXYZ xyz:BABA+0.0050%1h118.20−0.042%$12.0M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.19−0.051%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.13−0.101%$237K$406K10xas long as short
QFEX BABA-USD+0.0056%1h118.21−0.034%$1.2M$3.7M10xas long as short
Variational Omni BABA+0.0057%8h118.40+0.126%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.17−0.068%$615K$460K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.26+0.008%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0128%1h118.25−0.003%$43K$354K10xas long as short
Binance BABAUSDT+0.0132%8h118.28+0.025%$15.6M$30.7M20xas long as short
Phoenix BABA+0.0203%1h118.24−0.008%$66K$90K10xas long as short
Bitget BABAUSDT+0.0270%8h118.31+0.051%$2.4M$1.7M20xas long as short