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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX−0.008%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1621.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 4 days (all we have)−0.239%−$24 · spread now −0.008%, 7d avg −0.011%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BABA-USDT119.430get 0.0000% / 8h5h 10m$818$3.6M20x
ShortGate BABA_USDT119.420get 0.0000% / 8h5h 10m$1.5M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.008% → −0.011%
$0.23
Slippage, 4 orders
−$139.3
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$162.06
Costs to cover
1.623%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Gate: live order book, 2 min ago.

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, 7 min ago46.05 bp64.3 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.45 bp16.1 bp −$16134.5 bp −$1,345doesn't fitdoesn't fit

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%8h119.36−0.062%$78K$28K20xas long as short
Bybit BABAUSDT0.0000%8h119.49+0.050%$2.2M$643K25xas long as short
Gate BABA_USDTshort0.0000%8h119.42−0.008%$1.5M$1.8M50x
GRVT BABA_USDT_Perp0.0000%8h118.96−0.390%$3K$218K10xas long as short
SunX BABA-USDTlong0.0000%8h119.43long leg$818$3.6M20x
HTX BABA-USDT0.0000%8h118.90−0.444%$30K$18K20xas long as short
Lighter BABA+0.0032%1h119.42−0.008%$381K$72K10xas long as short
Lighter RH BABA+0.0032%1h119.39−0.033%$430K$507K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−3.006%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.10−0.276%$72K$109K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h119.52+0.075%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h119.32−0.092%$12.0M$4.0M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.38−0.042%$10K$264K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.37−0.050%$241K$401K10xas long as short
QFEX BABA-USD+0.0061%1h119.41−0.017%$1.2M$4.5M10xas long as short
Variational Omni BABA+0.0086%8h119.53+0.081%$269K$658Kas long as short
KuCoin BABAUSDTM+0.0100%8h119.35−0.067%$622K$507K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.50+0.059%$2K$79810xas long as short
Extended BABA_24_5-USD+0.0152%1h119.38−0.046%$44K$363K10xas long as short
Binance BABAUSDT+0.0153%8h119.42−0.005%$15.8M$29.0M20xas long as short
Phoenix BABA+0.0203%1h118.72−0.594%$66K$68K10xas long as short
Bitget BABAUSDT+0.0903%8h119.41−0.017%$2.5M$1.7M20xas long as short