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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 13:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.026%
Price spread now: Variational Omni against tradeXYZ+0.096%7-day average +0.093% · 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 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.096%, 7d avg +0.093%
Together, before fees−0.059%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BABA119.390.0054pay 0.0007% / 1h22m 24s$12.0M$4.8M10x
ShortVariational Omni BABA119.500get 0.0000% / 8h3h 22m$389K$717K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against tradeXYZ. 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
−$11.39
Price spread: +0.096% → +0.093%
$0.31
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$29.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; Variational Omni: RFQ quote, 15 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 tradeXYZ live order book, 10 min ago1.26 bp12.6 bp −$1316.2 bp −$162doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago2.51 bpdoesn't fit35.8 bp −$358doesn't fitdoesn't fit

BABA on 22 exchanges

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%8h119.51+0.097%$49K$61K20xas long as short
Extended BABA_24_5-USD0.0000%1h119.43+0.033%$59K$562K10xas long as short
Binance BABAUSDT0.0000%8h119.46+0.061%$14.8M$35.3M20xas long as short
Bybit BABAUSDT0.0000%8h119.390.000%$2.1M$759K25xas long as short
Gate BABA_USDT0.0000%8h119.46+0.059%$1.5M$2.2M50xas long as short
Bitget BABAUSDT0.0000%8h119.46+0.059%$2.3M$2.5M20xas long as short
Variational Omni BABAshort0.0000%8h119.50+0.096%$389K$717K
GRVT BABA_USDT_Perp0.0000%8h119.48+0.073%$3K$183K10xas long as short
SunX BABA-USDT0.0000%8h119.390.000%$881$2.2M20xas long as short
HTX BABA-USDT0.0000%8h119.50+0.092%$30K$19K20xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BABA-USD+0.0028%1h119.42+0.025%$1.3M$2.7M10xas long as short
Lighter BABA+0.0032%1h119.54+0.126%$383K$74K10xas long as short
Lighter RH BABA+0.0032%1h119.390.000%$396K$471K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−2.973%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h119.33−0.050%$71K$102K10xas long as short
Vest BABA-USD-PERP+0.0046%1h119.49+0.084%$19K10xas long as short
Polymarket Perps BABA-USD+0.0050%1h119.36−0.025%$6K$220K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h119.40+0.008%$152K$500K10xas long as short
tradeXYZ xyz:BABAlong+0.0054%1h119.39long leg$12.0M$4.8M10x
KuCoin BABAUSDTM+0.0100%8h119.32−0.059%$633K$662K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h119.47+0.067%$2K$1K10xas long as short
Phoenix BABA+0.0268%1h119.47+0.067%$67K$120K10xas long as short