Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Aster−0.007%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BABAUSDT | 116.22 | 0 | get 0.0000% / 8h | 48m 57s | $75K | $27K | 20x |
| Short | Lighter RH BABA | 116.21 | 0.0032 | get 0.0004% / 1h | 48m 57s | $446K | $580K | 10x |
Aster BABAUSDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: −0.007% → 0.000%
- −$0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1.99
- Costs to cover
- 0.080%
- Break-even
- 9.1 days
Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 28 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 28 min ago | 1.72 bp | 2.5 bp −$2 | 10.1 bp −$101 | doesn't fit | doesn't fit |
Aster: 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 BABAUSDTlong | 0.0000% | 8h | 116.22 | long leg | $75K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.15 | −0.059% | $2.2M | $594K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.21 | −0.007% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.19 | −0.024% | $2.5M | $1.4M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 116.26 | +0.036% | $300K | $620K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.19 | −0.024% | $801 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.30 | +0.070% | $37K | $2K | 20x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.21 | −0.007% | $446K | $580K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.325% | $11K | $26K | 12x | as long as short |
| GRVT BABA_USDT_Perp | +0.0035% | 8h | 116.26 | +0.037% | $3K | $249K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
Injective BABA/USDC PERP
GRVT BABA_USDT_PerpShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.14 | −0.067% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.11 | −0.093% | $1.2M | $5.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.12 | −0.085% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.17 | −0.041% | $242K | $351K | 10x | as long as short |
| Binance BABAUSDT | +0.0085% | 8h | 116.19 | −0.024% | $15.3M | $21.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0088% | 1h | 116.17 | −0.041% | $42K | $383K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.15 | −0.059% | $602K | $608K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.18 | −0.033% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0106% | 1h | 116.14 | −0.067% | $12.1M | $3.0M | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.32 | +0.088% | $384K | $49K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.18 | −0.033% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.19 | −0.024% | $78K | $94K | 10x | as long as short |
Vest BABA-USD-PERP
QFEX BABA-USD
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Binance BABAUSDT
Extended BABA_24_5-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Lighter BABA
Phoenix BABA
Arcus BABA-USD