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: HTX against KuCoin+0.136%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.136% dearer against KuCoin than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM117.570.0100pay 0.0100% / 8h2h 09m$612K$422K20x
ShortHTX BABA-USDT117.730get 0.0000% / 8h2h 09m$30K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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: +0.136% → 0.000%
$13.61
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$31.39
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 49 min ago; HTX: 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 KuCoin live order book, 49 min ago22.87 bp80.5 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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%8h117.89+0.271%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.63+0.051%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.72+0.128%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.70+0.111%$2.4M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h117.73+0.136%$821$3.4M20xas long as short
HTX BABA-USDTshort0.0000%8h117.73+0.136%$30K$18K20x
Lighter BABA+0.0032%1h117.79+0.187%$375K$73K10xas long as short
Lighter RH BABA+0.0032%1h117.70+0.111%$437K$514K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.471%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.64+0.060%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.78+0.179%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.60+0.026%$11.9M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.71+0.119%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.67+0.085%$240K$405K10xas long as short
QFEX BABA-USD+0.0073%1h117.78+0.179%$1.2M$3.3M10xas long as short
GRVT BABA_USDT_Perp+0.0084%8h117.63+0.055%$3K$193K10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h117.57long leg$612K$422K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.77+0.170%$2K$79810xas long as short
Variational Omni BABA+0.0109%8h117.76+0.165%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0176%1h117.62+0.044%$44K$355K10xas long as short
Binance BABAUSDT+0.0178%8h117.67+0.081%$15.6M$31.6M20xas long as short
Phoenix BABA+0.0271%1h117.55−0.017%$66K$90K10xas long as short