Position
Select option to trade Alibaba Group Holding Ltd (BABA)
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Info
24h Volume
Open Interest
1h Funding
About Alibaba Group Holding Ltd (BABA) Perpetual Futures
The BABA-USD perpetual contract lets you trade Alibaba Group Holding Ltd (BABA) with up to 10x leverage on the Hyperliquid decentralized exchange through Perpmate. You can go long if you expect the price to rise or go short if you expect it to fall, all without owning the underlying asset. Positions are settled in USDC and secured by Hyperliquid's onchain order book.
Alibaba Group Holding Ltd (BABA) is a tokenized equity perpetual. It gives you leveraged long or short exposure to Alibaba Group Holding Ltd (BABA) stock-price movements on-chain, settled in USDC, without owning shares or opening a brokerage account.
As of the latest update, BABA-USD trades at $115.69 (+0.51% over the last 24 hours), with $506.94K in 24-hour volume, $5.96M in open interest, and an hourly funding rate of 0.0006%.
Perpmate provides real-time BABA-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Alibaba Group Holding Ltd (BABA) perpetuals. New to this market? Read our guide: How to Trade Alibaba (BABA) Perpetuals.
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FAQ
What is leverage on BABA-USD perpetuals?
Leverage lets you control a larger position with less capital. With 10x leverage, a $100 entry controls $1,000.00 of BABA-USD. It increases both potential profit and risk.
What happens if I long or short Alibaba Group Holding Ltd (BABA)?
If you long Alibaba Group Holding Ltd (BABA) and the price goes up, you make money; if it goes down, you lose money. Shorting is the reverse: you profit when the price falls and lose when it rises. Leverage increases both your gains and your losses.
What happens if I get liquidated trading Alibaba Group Holding Ltd (BABA)?
Liquidation happens when the market moves against your position and your margin can no longer cover the loss. The position is closed automatically and you lose your margin. To avoid it, keep enough USDC to back your position, use lower leverage, and set a stop-loss and take-profit.
Can I trade Alibaba Group Holding Ltd (BABA) 24/7?
Yes. Unlike the stock market's regular 9:30 AM to 4:00 PM ET session, the Alibaba Group Holding Ltd (BABA) perpetual trades 24 hours a day, 7 days a week, including nights and weekends, when the underlying stock is closed.
Do I own Alibaba Group Holding Ltd (BABA) shares when I trade the perp?
No. A Alibaba Group Holding Ltd (BABA) perpetual is a derivative that tracks the price of Alibaba Group Holding Ltd (BABA). You do not own the underlying shares, have voting rights, or receive dividends. You are simply taking a long or short position on its price movement.