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

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Vest−0.026%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.026% cheaper against Vest than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BABA-USD-PERP117.230.0046pay 0.0006% / 1h34m 16s$19K10x
ShorttradeXYZ xyz:BABA117.200.0131get 0.0016% / 1h34m 16s$12.0M$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$17.99
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$4.57
Costs to cover
0.200%
Break-even
8.8 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 3 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 Vest no order-book sample
Sell tradeXYZ live order book, 3 min ago0.85 bp11.4 bp −$1114.5 bp −$145doesn't fitdoesn't fit
Vest: 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%8h117.13−0.087%$68K$41K20xas long as short
Bybit BABAUSDT0.0000%8h117.28+0.043%$2.1M$727K25xas long as short
Gate BABA_USDT0.0000%8h117.31+0.068%$1.5M$1.9M50xas long as short
Bitget BABAUSDT0.0000%8h117.28+0.043%$2.3M$1.9M20xas long as short
SunX BABA-USDT0.0000%8h117.31+0.068%$976$2.8M20xas long as short
Lighter BABA+0.0032%1h117.37+0.119%$374K$71K10xas long as short
Lighter RH BABA+0.0032%1h117.27+0.034%$436K$494K10xas long as short
Injective BABA/USDC PERP+0.0033%1h115.84−1.186%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.20−0.026%$70K$140K10xas long as short
Vest BABA-USD-PERPlong+0.0046%1h117.23long leg$19K10x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps BABA-USD+0.0050%1h117.12−0.094%$8K$281K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.28+0.043%$232K$421K10xas long as short
QFEX BABA-USD+0.0080%1h117.27+0.034%$1.2M$2.9M10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.16−0.060%$613K$410K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.32+0.077%$2K$79810xas long as short
HTX BABA-USDT+0.0118%8h117.37+0.119%$30K$19K20xas long as short
tradeXYZ xyz:BABAshort+0.0131%1h117.20−0.026%$12.0M$4.6M10x
Variational Omni BABA+0.0146%8h117.30+0.060%$337K$722Kas long as short
Extended BABA_24_5-USD+0.0200%1h117.27+0.037%$47K$312K10xas long as short
Binance BABAUSDT+0.0204%8h117.33+0.081%$15.3M$31.3M20xas long as short
Phoenix BABA+0.0273%1h117.230.000%$66K$89K10xas long as short
GRVT BABA_USDT_Perp+0.0553%8h117.32+0.077%$3K$183K10xas long as short