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: Aster against SunX+0.051%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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.051% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT118.140get 0.0000% / 8h7h 00m$956$2.7M20x
ShortAster BABAUSDT118.200get 0.0000% / 8h7h 00m$69K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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: +0.051% → 0.000%
$5.08
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.92
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Aster: 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 SunX live order book, 8 min ago46.23 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 BABAUSDTshort0.0000%8h118.20+0.051%$69K$39K20x
Bybit BABAUSDT0.0000%8h118.18+0.034%$2.1M$700K25xas long as short
Gate BABA_USDT0.0000%8h118.19+0.042%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h118.15+0.008%$2.4M$2.0M20xas long as short
SunX BABA-USDTlong0.0000%8h118.14long leg$956$2.7M20x
Lighter BABA+0.0032%1h118.28+0.119%$377K$72K10xas long as short
Lighter RH BABA+0.0032%1h118.18+0.034%$440K$495K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.947%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h118.12−0.017%$71K$136K10xas long as short
Vest BABA-USD-PERP+0.0046%1h118.29+0.127%$19K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h118.09−0.042%$8K$280K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h118.16+0.017%$232K$404K10xas long as short
QFEX BABA-USD+0.0080%1h118.18+0.034%$1.2M$2.8M10xas long as short
tradeXYZ xyz:BABA+0.0084%1h118.08−0.051%$12.1M$4.7M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.98−0.135%$616K$446K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h118.16+0.017%$2K$79810xas long as short
Variational Omni BABA+0.0210%8h118.21+0.062%$340K$664Kas long as short
HTX BABA-USDT+0.0247%8h118.17+0.025%$30K$19K20xas long as short
Binance BABAUSDT+0.0261%8h118.12−0.017%$15.5M$31.2M20xas long as short
Extended BABA_24_5-USD+0.0264%1h118.11−0.028%$45K$311K10xas long as short
Phoenix BABA+0.0273%1h118.17+0.025%$66K$89K10xas long as short
GRVT BABA_USDT_Perp+0.0502%8h118.22+0.065%$3K$180K10xas long as short