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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Gate+0.017%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABA_USDT115.930get 0.0000% / 8h1h 58m$1.4M$1.6M50x
ShortOrderly PERP_BABA_USDC_mythos115.950.0100get 0.0100% / 8h1h 58m$2K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1.73
Costs to cover
0.210%
Break-even
6.4 days
Slippage unknown: Gate: live order book, 4 min ago; Orderly: 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 Gate live order book, 4 min ago2.16 bp17.8 bp −$18101.0 bp −$1,010doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%8h116.11+0.152%$73K$25K20xas long as short
Bybit BABAUSDT0.0000%8h115.90−0.026%$2.2M$614K25xas long as short
Gate BABA_USDTlong0.0000%8h115.93long leg$1.4M$1.6M50x
Bitget BABAUSDT0.0000%8h115.95+0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.99+0.053%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.95+0.017%$758$4.2M20xas long as short
HTX BABA-USDT0.0000%8h115.95+0.017%$37K$2K20xas long as short
GRVT BABA_USDT_Perp+0.0005%8h115.98+0.041%$3K$268K10xas long as short
Binance BABAUSDT+0.0029%8h115.95+0.017%$15.3M$21.1M20xas long as short
Lighter BABA+0.0032%1h116.13+0.173%$384K$49K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BABA+0.0032%1h115.930.000%$445K$590K10xas long as short
Extended BABA_24_5-USD+0.0032%1h115.93+0.002%$42K$383K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.078%$11K$26K12xas long as short
QFEX BABA-USD+0.0042%1h115.92−0.009%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.89−0.035%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.91−0.017%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.90−0.026%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.91−0.017%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.90−0.026%$602K$665K20xas long as short
Orderly PERP_BABA_USDC_mythosshort+0.0100%8h115.95+0.017%$2K$1K10x
Phoenix BABA+0.0207%1h115.930.000%$79K$129K10xas long as short
Arcus BABA-USD+0.0462%1h115.98+0.043%$79K$93K10xas long as short