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−0.0136%/8h= −14.9% APRpaid last 24h −0.066%
Price spread now: HTX against Extended−0.181%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.181% cheaper against Extended than usual: you would sell low and buy high (−$18 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-USD118.430.0136pay 0.0017% / 1h43m 53s$43K$358K10x
ShortHTX BABA-USDT118.220get 0.0000% / 8h3h 43m$30K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$28.56
Price spread: −0.181% → 0.000%
−$18.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$63.68
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 8 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 Extended live order book, 8 min ago2.96 bp12.3 bp −$12146.5 bp −$1,465doesn'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%8h118.27−0.138%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.43−0.004%$2.1M$704K25xas long as short
Gate BABA_USDT0.0000%8h118.45+0.013%$1.5M$1.9M50xas long as short
GRVT BABA_USDT_Perp0.0000%8h118.13−0.259%$3K$193K10xas long as short
SunX BABA-USDT0.0000%8h118.46+0.021%$479$3.4M20xas long as short
HTX BABA-USDTshort0.0000%8h118.22−0.181%$30K$18K20x
Lighter BABA+0.0032%1h118.45+0.013%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.42−0.012%$438K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.191%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.23−0.173%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.38−0.046%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.32−0.097%$12.0M$4.2M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.34−0.080%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.21−0.190%$238K$406K10xas long as short
Variational Omni BABA+0.0051%8h118.32−0.093%$266K$658Kas long as short
QFEX BABA-USD+0.0056%1h118.40−0.029%$1.2M$4.0M10xas long as short
KuCoin BABAUSDTM+0.0100%8h118.24−0.164%$616K$459K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.39−0.038%$2K$79810xas long as short
Binance BABAUSDT+0.0135%8h118.46+0.021%$15.7M$30.6M20xas long as short
Extended BABA_24_5-USDlong+0.0136%1h118.43long leg$43K$358K10x
Phoenix BABA+0.0203%1h118.08−0.299%$66K$90K10xas long as short
Bitget BABAUSDT+0.0345%8h118.40−0.029%$2.4M$1.7M20xas long as short