Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

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: HTX against Gate+0.009%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABA_USDT	117.18	0	get 0.0000% / 8h	4m 26s	$1.5M	$2.1M	50x
Short	HTX BABA-USDT	117.19	0	get 0.0000% / 8h	4m 26s	$30K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.85
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$26.15
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	4.27 bp	13.1 bp −$13	157.8 bp −$1,578	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	117.01	−0.149%	$68K	$41K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.13	−0.043%	$2.1M	$716K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	117.18	long leg	$1.5M	$2.1M	50x
Bitget BABAUSDT	0.0000%	8h	117.13	−0.043%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	117.15	−0.026%	$720	$3.0M	20x	as long as short
HTX BABA-USDTshort	0.0000%	8h	117.19	+0.009%	$30K	$19K	20x
Lighter BABA	+0.0032%	1h	117.16	−0.017%	$373K	$72K	10x	as long as short
Lighter RH BABA	+0.0032%	1h	117.11	−0.060%	$436K	$504K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.144%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.05	−0.111%	$70K	$140K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BABA-USD	+0.0044%	1h	117.11	−0.060%	$1.2M	$2.9M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	117.03	−0.128%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.07	−0.094%	$8K	$286K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.00	−0.154%	$231K	$427K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0054%	8h	117.19	+0.009%	$3K	$188K	10x	as long as short
tradeXYZ xyz:BABA	+0.0080%	1h	117.05	−0.111%	$11.8M	$4.4M	10x	as long as short
Variational Omni BABA	+0.0086%	8h	117.17	−0.009%	$338K	$779K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	117.05	−0.111%	$609K	$391K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.13	−0.043%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0144%	1h	117.12	−0.050%	$47K	$307K	10x	as long as short
Binance BABAUSDT	+0.0148%	8h	117.13	−0.042%	$15.3M	$31.9M	20x	as long as short
Phoenix BABA	+0.0205%	1h	117.06	−0.102%	$66K	$89K	10x	as long as short