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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.069%
Price spread now: Aster against Extended−0.038%7-day average · you buy dearer than you sell
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 7 days−0.166%−$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.038% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABA_24_5-USD119.490.0152pay 0.0019% / 1h9m 49s$44K$363K10x
ShortAster BABAUSDT119.440get 0.0000% / 8h5h 09m$78K$28K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$31.92
Price spread: −0.038% → 0.000%
−$3.84
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$48.76
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 53 min ago; Aster: 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 Extended live order book, 53 min ago2.54 bp11.9 bp −$12122.4 bp −$1,224doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 BABAUSDTshort0.0000%8h119.44−0.038%$78K$28K20x
Bybit BABAUSDT0.0000%8h119.55+0.053%$2.2M$644K25xas long as short
Gate BABA_USDT0.0000%8h119.54+0.045%$1.5M$1.8M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h118.96−0.437%$3K$218K10xas long as short
SunX BABA-USDT0.0000%8h119.48−0.005%$811$3.6M20xas long as short
HTX BABA-USDT0.0000%8h118.90−0.491%$30K$18K20xas long as short
Lighter BABA+0.0032%1h119.51+0.020%$381K$72K10xas long as short
Lighter RH BABA+0.0032%1h119.43−0.047%$430K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.052%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.10−0.323%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.52+0.028%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h119.43−0.047%$12.0M$4.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.38−0.089%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.37−0.097%$241K$401K10xas long as short
QFEX BABA-USD+0.0061%1h119.41−0.064%$1.2M$4.5M10xas long as short
Variational Omni BABA+0.0086%8h119.53+0.034%$269K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.50+0.011%$622K$506K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.47−0.014%$2K$79810xas long as short
Extended BABA_24_5-USDlong+0.0152%1h119.49long leg$44K$363K10x
Binance BABAUSDT+0.0153%8h119.52+0.028%$15.8M$29.1M20xas long as short
Phoenix BABA+0.0203%1h118.72−0.641%$66K$68K10xas long as short
Bitget BABAUSDT+0.0903%8h119.47−0.014%$2.5M$1.7M20xas long as short