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: Bybit against Gate+0.017%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.651% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.017%, 7d avg −0.003%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT118.460get 0.0000% / 8h4h 23m$1.5M$1.9M50x
ShortBybit BABAUSDT118.480get 0.0000% / 8h4h 23m$2.1M$693K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: +0.017% → −0.003%
$2
Slippage, 4 orders
−$39.12
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$63.12
Costs to cover
0.651%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 3 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 Gate live order book, 4 min ago2.96 bp19.2 bp −$19259.2 bp −$2,592doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.23 bp14.8 bp −$1584.4 bp −$844doesn'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%8h118.55+0.079%$70K$35K20xas long as short
Bybit BABAUSDTshort0.0000%8h118.48+0.017%$2.1M$693K25x
Gate BABA_USDTlong0.0000%8h118.46long leg$1.5M$1.9M50x
SunX BABA-USDT0.0000%8h118.35−0.093%$937$3.5M20xas long as short
HTX BABA-USDT0.0000%8h118.42−0.034%$30K$18K20xas long as short
GRVT BABA_USDT_Perp+0.0008%8h118.33−0.112%$3K$216K10xas long as short
Lighter BABA+0.0032%1h118.460.000%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.40−0.051%$436K$506K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.212%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.29−0.144%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.460.000%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.42−0.034%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.48+0.017%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.30−0.135%$240K$405K10xas long as short
QFEX BABA-USD+0.0068%1h118.50+0.034%$1.2M$4.2M10xas long as short
Variational Omni BABA+0.0072%8h118.34−0.099%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.33−0.110%$617K$486K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.34−0.101%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0144%1h118.51+0.043%$44K$358K10xas long as short
Binance BABAUSDT+0.0146%8h118.57+0.093%$15.7M$29.8M20xas long as short
Phoenix BABA+0.0201%1h118.26−0.169%$66K$90K10xas long as short
Bitget BABAUSDT+0.0628%8h118.56+0.084%$2.4M$1.7M20xas long as short