Asset detail
Alibaba Group Holding Ltd BABA stock tokens & perpetuals
Tracked for BABA: 4 spot token markets and 7 perpetual markets across 8 trading venues.
BABA markets at a glance
- Among comparable spot token quotes, Binance's BABAB has the lowest normalized price, at -0.06% relative to the reference.
- The most actively traded is the stock perpetuals BABAUSDT on Binance, with $4.43M in 24h volume.
- 7 perpetual markets are tracked, with a highest listed leverage of 100× and funding rates from 0.0000% to +0.0366%. Check each contract's funding interval.
- Minimum orders start from about $0.93.
- Data as of (sources and method)
- Token symbols: BABAB, BABAon
About Alibaba Group Holding Ltd (BABA)
Alibaba Group Holding Ltd (BABA) is a Chinese multinational technology company, founded in 1999 and headquartered in Binjiang District. Industry: e-commerce. About 251,462 employees.
Alibaba Group Holding Ltd (BABA) key figures
- Of the 11 Alibaba Group Holding Ltd (BABA) markets we track, Binance has the most activity, with 47% of 24h volume; spot tokens traded $384.9K and perpetuals $9.57M in total.
- The reference price moved -15.03% over 7 days, -16.66% over 30 days; its 30-day low was US$ 91.91 (Nov 14) and high US$ 111.71 (Nov 5).
- Over the last 30 days, BABABUSDT on Binance ranged from a -0.44% premium (Nov 14) to +0.20% (Oct 18) against the stock.
- Funding is highest on Hyperliquid (+0.0489%) and lowest on Binance (0.0000%); at the highest rate with 8-hour settlement, a $10,000 long pays about $15 a day.
- Ondo, xStocks published official contract addresses on 10 chains; verify them below before buying on-chain.
- Each BABAon on Solana currently represents 1.0089 shares; the last dividend reinvestment adjustment was on Sep 18.
Compare price and volume
Venue
| Venue | Type | Price | Premium | 24h volume | Trade |
|---|---|---|---|---|---|
|
Binance
Best price
|
Stock token
BABABUSDT · bStocks · min order $5
More metrics
|
US$ 92.83 | -0.06% | $207.5K | Trade |
| MEXC |
Stock token
BABAONUSDT · Ondo
More metrics
|
US$ 94.77 | +2.02% | $150.4K | Trade |
| Gate |
Stock token
BABAON_USDT · Ondo · min order $3
More metrics
|
US$ 93.28 | +0.42% | $26.1K | Trade |
| Pintu |
Stock token
BABAONIDR · Ondo
More metrics
|
US$ 93.94 | +1.13% | — | Trade |
|
Binance
Most active
|
Stock perpetual
BABAUSDT · min order $5
More metrics
|
US$ 92.88 | -0.02% | $4.43M | Trade |
| Bitget |
Stock perpetual
BABAUSDT · min order $5
More metrics
|
US$ 92.85 | +0.01% | $2.28M | Trade |
| Hyperliquid |
Stock perpetual
xyz:BABA · min order $10
More metrics
|
US$ 92.86 | +0.04% | $842.7K | Trade |
| BingX |
Stock perpetual
NCSKBABA2USD-USDT · min order $2
More metrics
|
US$ 92.87 | -0.02% | $737.3K | Trade |
| Gate |
Stock perpetual
BABA_USDT · min order $0.93
More metrics
|
US$ 92.90 | -0.10% | $675.6K | Trade |
| Bybit |
Stock perpetual
BABAUSDT · min order $5
More metrics
|
US$ 92.90 | +0.01% | $313.2K | Trade |
| MEXC |
Stock perpetual
BABASTOCK_USDT · min order $0.93
More metrics
|
US$ 92.92 | -0.15% | $289.8K | Trade |
Outside regular US market hours the underlying price and premium are indicative only.
Historical trends
Premium and price history
Premium over the last 30 days
Over the last 30 days we recorded hourly token prices for BABA on 1 venues (721 hours of data).
Binance BABABUSDT averaged a -0.06% premium.
On weekdays the average gap to the stock was 0.05%; on weekends it widened to 0.11%, because only token traders set the price while the stock market is closed. Watch the premium when buying on weekends.
| Venue | Avg. premium | Weekend avg. |
|---|---|---|
| Binance BABABUSDT | -0.06% | -0.10% |
Stock token premium to the underlying
- Binance · BABABUSDT
- MEXC · BABAONUSDT
- Gate · BABAON_USDT
- Pintu · BABAONIDR
Show daily data
| Date | Binance · BABABUSDT | MEXC · BABAONUSDT | Gate · BABAON_USDT | Pintu · BABAONIDR |
|---|---|---|---|---|
| 2026-11-15 | -0.06% | +2.02% | +0.42% | +1.13% |
| 2026-11-14 | -0.07% | +2.65% | -0.18% | +2.47% |
| 2026-11-13 | -0.02% | +1.19% | -0.06% | +0.92% |
| 2026-11-12 | -0.12% | +1.32% | -0.14% | +0.54% |
| 2026-11-11 | -0.01% | +1.39% | +0.03% | +0.77% |
| 2026-11-10 | -0.09% | +1.03% | -0.16% | +0.08% |
| 2026-11-09 | +0.03% | +0.66% | -0.01% | +0.15% |
| 2026-11-08 | -0.14% | +1.45% | -0.23% | +0.04% |
Underlying price
Show daily data
| Date | Underlying price |
|---|---|
| 2026-11-15 | 92.89 |
| 2026-11-14 | 92.23 |
| 2026-11-13 | 93.80 |
| 2026-11-12 | 95.02 |
| 2026-11-11 | 101.22 |
| 2026-11-10 | 103.31 |
| 2026-11-09 | 105.69 |
| 2026-11-08 | 109.12 |
Perpetual funding rate history (per 8 hours)
- Binance · BABAUSDT
- Bitget · BABAUSDT
- Hyperliquid · xyz:BABA
- BingX · NCSKBABA2USD-USDT
Show daily data
| Date | Binance · BABAUSDT | Bitget · BABAUSDT | Hyperliquid · xyz:BABA | BingX · NCSKBABA2USD-USDT |
|---|---|---|---|---|
| 2026-11-15 | 0.0000% | 0.0000% | +0.0366% | +0.0186% |
| 2026-11-14 | -0.0396% | -0.0160% | -0.0638% | -0.0062% |
| 2026-11-13 | +0.0598% | 0.0000% | +0.0050% | +0.0565% |
| 2026-11-12 | +0.0008% | 0.0000% | +0.0170% | +0.0001% |
| 2026-11-11 | 0.0000% | +0.0022% | +0.0050% | +0.0019% |
| 2026-11-10 | 0.0000% | 0.0000% | +0.0050% | +0.0050% |
| 2026-11-09 | +0.0330% | +0.0097% | +0.0159% | +0.0308% |
| 2026-11-08 | 0.0000% | 0.0000% | +0.0326% | +0.0050% |
Average funding rates
| Venue | 7-day average | 30-day average | Annualized |
|---|---|---|---|
| Binance BABAUSDT | +0.0043% | +0.0054% | +5.97% |
| Bitget BABAUSDT | +0.0027% | +0.0023% | +2.57% |
| Hyperliquid xyz:BABA | +0.0069% | +0.0077% | +8.44% |
| BingX NCSKBABA2USD-USDT | +0.0115% | +0.0118% | +12.93% |
| Gate BABA_USDT | -0.0010% | +0.0044% | +4.82% |
| Bybit BABAUSDT | +0.0068% | +0.0034% | +3.69% |
| MEXC BABASTOCK_USDT | +0.0043% | +0.0054% | +5.95% |
Funding is shown per 8 hours (hourly venues such as Hyperliquid are converted); when positive, longs pay shorts. Annualized figures use the 30-day average, or the 7-day average when there are fewer than 14 days of data, and actual costs change with the market. Estimate holding costs
Cross-venue funding gap: long on Gate (7-day avg -0.0010%) and short on BingX (+0.0115%) differ by +0.0125% per 8 hours on average, or +13.71% annualized (before fees and price gaps). Funding arbitrage and basis →
Shaded bands mark regular US trading hours; stats include only tokens with a known share ratio and enough liquidity. How we calculate
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Before signing up: Binance account guide · Bybit account guide · Gate account guide · Bitget account guide
Asset verification
Official contract addresses (avoid fakes)
Many copycat tokens use the same name on-chain. Only trust the issuer-published addresses below and double-check the address in your wallet or swap page before buying.
| Issuer | Chains | Contract address | Copy |
|---|---|---|---|
| Ondo BABAon | Solana | 1zvb9E…X4ondo |
|
| Ondo BABAon | Ethereum | 0x4176…FA09ef |
|
| Ondo BABAon | BNB Chain | 0xd596…c282D2 |
|
| xStocks BABAx | Solana | XsJBX1…7TSiVT |
|
| xStocks BABAx | Ethereum, BNB Chain, Arbitrum, Optimism, Mantle, HyperEVM, Ink, X Layer | 0x4682…bdd35c |
|
| xStocks BABAx | TON | EQBs5n…bJ9LfM |
Know before trading
Before trading / FAQ
Which venues list BABA stock tokens & perpetuals?
The tracked venues include Binance, Bybit, Gate, Bitget, MEXC, BingX, Pintu, Hyperliquid. Check the product type for each stock tokens & perpetuals listing, along with the venue's location and account restrictions.
Can BABA stock tokens & perpetuals be traded on weekends?
Most venues trade at weekends, but while the stock market is closed prices are set only by traders and can drift further: over the last 30 days the average gap was 0.11% on weekends versus 0.05% on weekdays.
What is the minimum order for BABA stock tokens & perpetuals?
The lowest minimum order across venues is currently about $0.93 (Gate).
What is the difference between the BABA token versions?
BABA has token versions issued by bStocks, Ondo. They track the same stock but are issued and held by different institutions, cannot be swapped for each other directly, and differ in price, liquidity and where they trade. Common symbols: BABAB, BABAon. Check the symbol and issuer before buying.
Do BABA stock token holders get dividends?
bStocks: see Binance's product terms for how dividends are handled. Ondo: dividends are also reinvested into the value of each token. Perpetuals only track the price and pay no dividends; some venues adjust contracts around ex-dividend dates under their own rules.
New to terms like premium or funding rate? See the glossary →
Related guides
Tokenized Stocks vs Shares and Stock Perpetuals
What Are Stock Perpetuals? How Funding Rates Work and How to Calculate Them
Why Stock Tokens Trade at a Premium or Discount to the Stock
Do Stock Tokens Pay Dividends? How xStocks and Ondo Reinvest Them
Can You Trade Stock Tokens on Weekends? Trading Hours and Price Gaps
Are Stock Tokens Safe? Issuer, Custody, Venue and Fake Token Risks