Funding arb · Price arb /

BABA

RWAall BABA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest+0.129%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.129% dearer against Vest than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BABA-USD-PERP	116.33	0.0046	pay 0.0006% / 1h	45m 14s	—	$9K	10x
Short	HTX BABA-USDT	116.48	0	get 0.0000% / 8h	7h 45m	$37K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee HTXbpOrdersPrice spread, now +0.129%Rate

Funding earned: −$9.59
Price spread: +0.129% → 0.000%: $12.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$10.7
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Vest and HTX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	116.39	+0.056%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.43	+0.086%	$2.2M	$583K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.47	+0.120%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.41	+0.069%	$2.5M	$1.3M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.45	+0.103%	$749	$4.1M	20x	as long as short
HTX BABA-USDTshort	0.0000%	8h	116.48	+0.129%	$37K	$2K	20x
Lighter RH BABA	+0.0032%	1h	116.38	+0.043%	$444K	$479K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.421%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERPlong	+0.0046%	1h	116.33	long leg	—	$9K	10x
tradeXYZ xyz:BABA	+0.0050%	1h	116.33	0.000%	$12.1M	$3.0M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BABA_USDT_Perp	+0.0050%	8h	116.45	+0.102%	$2K	$242K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.35	+0.017%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.31	−0.017%	$243K	$339K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.43	+0.086%	$1.2M	$5.1M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.34	+0.009%	$604K	$559K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.43	+0.086%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0145%	8h	116.45	+0.101%	$301K	$619K	—	as long as short
Lighter BABA	+0.0160%	1h	116.51	+0.155%	$385K	$49K	10x	as long as short
Binance BABAUSDT	+0.0213%	8h	116.47	+0.119%	$15.4M	$21.6M	20x	as long as short
Extended BABA_24_5-USD	+0.0216%	1h	116.44	+0.095%	$42K	$414K	10x	as long as short
Phoenix BABA	+0.0343%	1h	116.32	−0.009%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.41	+0.069%	$75K	$101K	10x	as long as short