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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.086%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. KuCoin is 0.086% cheaper against HTX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT116.530get 0.0000% / 8h7h 25m$37K$2K20x
ShortKuCoin BABAUSDTM116.430.0100get 0.0100% / 8h7h 25m$604K$546K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.086% → 0.000%
−$8.58
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.58
Costs to cover
0.240%
Break-even
10.9 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 28 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 KuCoin live order book, 28 min ago14.18 bp73.5 bp −$74doesn'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%8h116.45−0.065%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.55+0.017%$2.2M$582K25xas long as short
Gate BABA_USDT0.0000%8h116.51−0.017%$1.4M$1.6M50xas long as short
Bitget BABAUSDT0.0000%8h116.41−0.103%$2.5M$1.3M20xas long as short
GRVT BABA_USDT_Perp0.0000%8h116.47−0.051%$3K$234K10xas long as short
SunX BABA-USDT0.0000%8h116.48−0.043%$663$4.1M20xas long as short
HTX BABA-USDTlong0.0000%8h116.53long leg$37K$2K20x
Lighter BABA+0.0032%1h116.57+0.034%$385K$50K10xas long as short
Lighter RH BABA+0.0032%1h116.45−0.069%$440K$491K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.592%$11K$26K12xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.46−0.060%$18K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h116.44−0.077%$12.1M$2.9M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.41−0.103%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.30−0.197%$239K$341K10xas long as short
QFEX BABA-USD+0.0072%1h116.46−0.060%$1.2M$5.1M10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h116.43−0.086%$604K$546K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.48−0.043%$2K$79810xas long as short
Variational Omni BABA+0.0137%8h116.43−0.085%$301K$619Kas long as short
Extended BABA_24_5-USD+0.0192%1h116.47−0.056%$42K$448K10xas long as short
Binance BABAUSDT+0.0195%8h116.49−0.034%$15.4M$21.6M20xas long as short
Phoenix BABA+0.0343%1h116.41−0.103%$65K$133K10xas long as short
Arcus BABA-USD+0.0626%1h116.43−0.086%$75K$100K10xas long as short