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+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Injective+1.027%50s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 1.027% dearer against Injective than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BABA/USDC PERP115.840.0033pay 0.0004% / 1h4m 34s$11K$26K12x
ShortVest BABA-USD-PERP117.030.0046get 0.0006% / 1h4m 34s$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$2.59
Price spread: +1.027% → 0.000%
$102.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$103.3
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Vest: 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 Injective no order-book sample
Sell Vest no order-book sample
Injective and Vest: 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%8h117.02+1.017%$68K$41K20xas long as short
Bybit BABAUSDT0.0000%8h117.14+1.122%$2.1M$716K25xas long as short
Gate BABA_USDT0.0000%8h117.15+1.131%$1.5M$2.1M50xas long as short
Bitget BABAUSDT0.0000%8h117.12+1.105%$2.3M$1.9M20xas long as short
SunX BABA-USDT0.0000%8h117.15+1.131%$720$3.0M20xas long as short
HTX BABA-USDT0.0000%8h117.19+1.165%$30K$19K20xas long as short
Lighter BABA+0.0032%1h117.16+1.140%$373K$72K10xas long as short
Lighter RH BABA+0.0032%1h117.11+1.096%$436K$504K10xas long as short
Injective BABA/USDC PERPlong+0.0033%1h115.84long leg$11K$26K12x
Arcus BABA-USD+0.0040%1h117.05+1.045%$70K$140K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BABA-USD+0.0044%1h117.11+1.096%$1.2M$2.9M10xas long as short
Vest BABA-USD-PERPshort+0.0046%1h117.03+1.027%$19K10x
Polymarket Perps BABA-USD+0.0050%1h117.08+1.070%$8K$286K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.00+1.001%$231K$427K10xas long as short
GRVT BABA_USDT_Perp+0.0054%8h117.19+1.165%$3K$188K10xas long as short
tradeXYZ xyz:BABA+0.0079%1h117.04+1.036%$11.8M$4.4M10xas long as short
Variational Omni BABA+0.0086%8h117.17+1.147%$338K$779Kas long as short
KuCoin BABAUSDTM+0.0100%8h117.06+1.053%$609K$391K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.18+1.157%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0144%1h117.12+1.107%$47K$307K10xas long as short
Binance BABAUSDT+0.0148%8h117.15+1.127%$15.3M$31.9M20xas long as short
Phoenix BABA+0.0205%1h117.06+1.053%$66K$89K10xas long as short