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+0.0640%/8h= +70.1% APRnext payment +$6.40 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against HTX−0.110%46s7-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. Bitget is 0.110% cheaper against HTX than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 14 hours of funding at the current rate (+$19 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT118.420get 0.0000% / 8h4h 24m$30K$18K20x
ShortBitget BABAUSDT118.290.0640get 0.0640% / 8h4h 24m$2.4M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$134.4
Price spread: −0.110% → 0.000%
−$10.98
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$99.42
Costs to cover
0.240%
Break-even
1.8 days
Slippage unknown: HTX: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago2.11 bp14.1 bp −$14doesn't fitdoesn't fitdoesn'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%8h118.44+0.017%$70K$35K20xas long as short
Bybit BABAUSDT0.0000%8h118.37−0.042%$2.1M$693K25xas long as short
Gate BABA_USDT0.0000%8h118.33−0.076%$1.5M$1.9M50xas long as short
SunX BABA-USDT0.0000%8h118.38−0.034%$1K$3.5M20xas long as short
HTX BABA-USDTlong0.0000%8h118.42long leg$30K$18K20x
GRVT BABA_USDT_Perp+0.0008%8h118.33−0.078%$3K$216K10xas long as short
Lighter BABA+0.0032%1h118.36−0.051%$377K$73K10xas long as short
Lighter RH BABA+0.0032%1h118.27−0.127%$430K$499K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.179%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.27−0.127%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h118.30−0.101%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h118.19−0.194%$11.9M$4.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.27−0.127%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.26−0.135%$240K$404K10xas long as short
QFEX BABA-USD+0.0068%1h118.32−0.084%$1.2M$4.2M10xas long as short
Variational Omni BABA+0.0072%8h118.34−0.065%$266K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h118.20−0.186%$615K$488K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.34−0.068%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0144%1h118.28−0.115%$43K$355K10xas long as short
Binance BABAUSDT+0.0145%8h118.32−0.084%$15.7M$29.8M20xas long as short
Phoenix BABA+0.0201%1h118.26−0.135%$66K$90K10xas long as short
Bitget BABAUSDTshort+0.0640%8h118.29−0.110%$2.4M$1.7M20x