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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRnext payment +$1.72 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against HTX−0.073%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 feesneeds both histories
Funding pays, the price is against you. Binance is 0.073% cheaper against HTX than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 34 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT117.740get 0.0000% / 8h2h 29m$30K$18K20x
ShortBinance BABAUSDT117.650.0172get 0.0172% / 8h2h 29m$15.6M$31.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$36.08
Price spread: −0.073% → 0.000%
−$7.33
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$6.76
Costs to cover
0.220%
Break-even
5.7 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 12 min ago. 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 HTX no order-book sample
Sell Binance live order book, 12 min ago0.42 bp10.5 bp −$1118.8 bp −$188104.4 bp −$10.4Kdoesn't fit
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%8h117.81+0.058%$70K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.64−0.085%$2.1M$719K25xas long as short
Gate BABA_USDT0.0000%8h117.70−0.034%$1.5M$2.0M50xas long as short
SunX BABA-USDT0.0000%8h117.82+0.068%$798$3.4M20xas long as short
HTX BABA-USDTlong0.0000%8h117.74long leg$30K$18K20x
Bitget BABAUSDT+0.0031%8h117.66−0.068%$2.4M$1.7M20xas long as short
Lighter BABA+0.0032%1h117.70−0.034%$374K$73K10xas long as short
Lighter RH BABA+0.0032%1h117.62−0.102%$436K$513K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.614%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.81+0.059%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.71−0.025%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.54−0.170%$11.9M$4.3M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.62−0.102%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.62−0.102%$238K$400K10xas long as short
QFEX BABA-USD+0.0073%1h117.78+0.034%$1.2M$3.5M10xas long as short
GRVT BABA_USDT_Perp+0.0078%8h117.80+0.054%$2K$193K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.56−0.153%$612K$429K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.62−0.102%$2K$79810xas long as short
Variational Omni BABA+0.0107%8h117.68−0.054%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0168%1h117.63−0.095%$43K$357K10xas long as short
Binance BABAUSDTshort+0.0172%8h117.65−0.073%$15.6M$31.1M20x
Phoenix BABA+0.0271%1h117.73−0.008%$66K$90K10xas long as short