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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Orderly−0.203%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: KuCoin is 0.203% cheaper against Orderly than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BABA_USDC_mythos118.250.0100pay 0.0100% / 8h6h 57m$2K$79810x
ShortKuCoin BABAUSDTM118.010.0100get 0.0100% / 8h6h 57m$617K$448K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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: −0.203% → 0.000%
−$20.3
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.3
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 27 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 Orderly no order-book sample
Sell KuCoin live order book, 27 min ago20.94 bp44.9 bp −$45doesn't fitdoesn't fitdoesn't fit
Orderly: 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%8h118.20−0.042%$69K$39K20xas long as short
Bybit BABAUSDT0.0000%8h118.250.000%$2.1M$697K25xas long as short
Gate BABA_USDT0.0000%8h118.23−0.017%$1.5M$1.9M50xas long as short
Bitget BABAUSDT0.0000%8h118.250.000%$2.4M$2.0M20xas long as short
SunX BABA-USDT0.0000%8h118.26+0.008%$550$2.7M20xas long as short
Lighter BABA+0.0032%1h118.29+0.034%$377K$71K10xas long as short
Lighter RH BABA+0.0032%1h118.20−0.042%$440K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.038%$11K$26K12xas long as short
Vest BABA-USD-PERP+0.0046%1h118.26+0.008%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h118.10−0.127%$8K$280K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps BABA-USD.P+0.0050%1h118.21−0.034%$232K$404K10xas long as short
QFEX BABA-USD+0.0080%1h118.24−0.008%$1.2M$2.8M10xas long as short
KuCoin BABAUSDTMshort+0.0100%8h118.01−0.203%$617K$448K20x
Orderly PERP_BABA_USDC_mythoslong+0.0100%8h118.25long leg$2K$79810x
tradeXYZ xyz:BABA+0.0149%1h118.18−0.059%$12.0M$4.7M10xas long as short
Variational Omni BABA+0.0210%8h118.21−0.031%$340K$664Kas long as short
Phoenix BABA+0.0273%1h118.22−0.025%$66K$88K10xas long as short
Extended BABA_24_5-USD+0.0280%1h118.22−0.027%$45K$311K10xas long as short
Binance BABAUSDT+0.0282%8h118.26+0.008%$15.4M$31.3M20xas long as short
HTX BABA-USDT+0.0296%8h118.250.000%$30K$19K20xas long as short
Arcus BABA-USD+0.0335%1h118.17−0.068%$71K$136K10xas long as short
GRVT BABA_USDT_Perp+0.0615%8h118.24−0.008%$3K$180K10xas long as short