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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.060%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.000get 0.0000% / 8h2h 04m$37K$2K20x
ShortBybit BABAUSDT115.930get 0.0000% / 8h2h 04m$2.2M$614K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.060% → 0.000%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$29.03
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago3.88 bp14.8 bp −$1596.6 bp −$966doesn'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%8h116.10+0.084%$73K$25K20xas long as short
Bybit BABAUSDTshort0.0000%8h115.93−0.060%$2.2M$614K25x
Gate BABA_USDT0.0000%8h115.98−0.017%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h115.98−0.017%$2.5M$1.3M20xas long as short
Variational Omni BABA0.0000%8h115.97−0.028%$300K$620Kas long as short
SunX BABA-USDT0.0000%8h115.96−0.034%$703$4.2M20xas long as short
HTX BABA-USDTlong0.0000%8h116.00long leg$37K$2K20x
GRVT BABA_USDT_Perp+0.0016%8h115.99−0.007%$3K$269K10xas long as short
Lighter BABA+0.0032%1h116.15+0.129%$384K$51K10xas long as short
Lighter RH BABA+0.0032%1h115.94−0.052%$445K$595K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BABA/USDC PERP+0.0033%1h115.84−0.138%$11K$26K12xas long as short
Binance BABAUSDT+0.0038%8h115.98−0.017%$15.4M$21.1M20xas long as short
Extended BABA_24_5-USD+0.0040%1h115.97−0.028%$42K$383K10xas long as short
QFEX BABA-USD+0.0042%1h115.93−0.060%$1.2M$5.0M10xas long as short
Vest BABA-USD-PERP+0.0046%1h115.96−0.034%$9K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h115.92−0.069%$12.1M$3.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h115.89−0.095%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h115.90−0.086%$249K$336K10xas long as short
KuCoin BABAUSDTM+0.0100%8h115.89−0.095%$601K$670K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h115.99−0.009%$2K$1K10xas long as short
Phoenix BABA+0.0207%1h116.000.000%$79K$129K10xas long as short
Arcus BABA-USD+0.0643%1h115.95−0.043%$79K$93K10xas long as short