Funding you earn now, next payment 04:00 UTC−0.0967%/8h= −105.9% APRpaid last 24h −0.008%
Price spread now: Lighter against Bitget+0.067%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.067%, 7d avg +0.049%
=Together, before fees+0.254%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.207%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 118.94 | 0.0999 | pay 0.0999% / 8h | 4h 48m | $2.4M | $1.7M | 20x |
| Short | Lighter BABA | 119.02 | 0.0032 | get 0.0004% / 1h | 48m 57s | $379K | $73K | 10x |
Bitget BABAUSDT
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$203.07
- Price spread: +0.067% → +0.049%
- $1.8
- Slippage, 4 orders
- −$53.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$267.15
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 1 min ago.
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 Bitget live order book, 3 min ago | 1.26 bp | 11.9 bp −$12 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 11.76 bp | 23.6 bp −$24 | 26.1 bp −$261 | 70.6 bp −$7,061 | doesn't fit |
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 | 119.08 | +0.119% | $74K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.02 | +0.067% | $2.2M | $646K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.98 | +0.034% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.25 | +0.261% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.02 | +0.067% | $849 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.07 | +0.109% | $30K | $18K | 20x | as long as short |
| Lighter BABAshort | +0.0032% | 1h | 119.02 | +0.067% | $379K | $73K | 10x | |
| Lighter RH BABA | +0.0032% | 1h | 118.91 | −0.025% | $428K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.606% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.09 | +0.126% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.99 | +0.042% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.81 | −0.109% | $12.0M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.91 | −0.025% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.01 | +0.059% | $241K | $405K | 10x | as long as short |
| Variational Omni BABA | +0.0054% | 8h | 119.08 | +0.117% | $268K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.99 | +0.042% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.92 | −0.017% | $620K | $498K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.97 | +0.025% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0126% | 8h | 118.95 | +0.008% | $15.6M | $29.8M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.90 | −0.030% | $43K | $360K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.02 | +0.067% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDTlong | +0.0999% | 8h | 118.94 | long leg | $2.4M | $1.7M | 20x |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA