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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Ondo Perps+0.026%7-day average +0.017% · 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 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.026%, 7d avg +0.017%
Together, before fees+0.056%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BABA-USD.P116.870.0050pay 0.0006% / 1h59m 30s$238K$357K10x
ShorttradeXYZ xyz:BABA116.900.0050get 0.0006% / 1h59m 30s$12.3M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Ondo Perps. 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
−$0.08
Price spread: +0.026% → +0.017%
$0.83
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$22.26
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 9 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 Ondo Perps no order-book sample
Sell tradeXYZ live order book, 9 min ago0.86 bp10.7 bp −$1119.2 bp −$192doesn't fitdoesn't fit
Ondo Perps: 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%8h117.01+0.122%$77K$27K20xas long as short
Bybit BABAUSDT0.0000%8h117.10+0.197%$2.2M$592K25xas long as short
Gate BABA_USDT0.0000%8h117.08+0.180%$1.4M$1.4M50xas long as short
Bitget BABAUSDT0.0000%8h117.08+0.180%$2.5M$1.3M20xas long as short
SunX BABA-USDT0.0000%8h117.03+0.137%$730$4.1M20xas long as short
HTX BABA-USDT0.0000%8h116.870.000%$37K$2K20xas long as short
Lighter BABA+0.0032%1h117.16+0.248%$386K$44K10xas long as short
Lighter RH BABA+0.0032%1h117.01+0.120%$423K$493K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−0.881%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h117.02+0.128%$18K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BABAshort+0.0050%1h116.90+0.026%$12.3M$3.4M10x
Polymarket Perps BABA-USD+0.0050%1h116.91+0.034%$10K$264K10xas long as short
Ondo Perps BABA-USD.Plong+0.0050%1h116.87long leg$238K$357K10x
GRVT BABA_USDT_Perp+0.0071%8h117.28+0.352%$3K$232K10xas long as short
QFEX BABA-USD+0.0072%1h117.04+0.145%$1.2M$4.8M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.04+0.145%$608K$538K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.03+0.137%$1K$1K10xas long as short
Variational Omni BABA+0.0155%8h117.28+0.350%$303K$619Kas long as short
Extended BABA_24_5-USD+0.0208%1h117.04+0.146%$47K$366K10xas long as short
Binance BABAUSDT+0.0212%8h117.04+0.142%$15.5M$22.9M20xas long as short
Phoenix BABA+0.0343%1h117.05+0.154%$66K$61K10xas long as short
Arcus BABA-USD+0.0626%1h117.04+0.145%$74K$102K10xas long as short