BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.012%

Price spread now: Lighter against Gate+0.077%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$640.641% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.077%, 7d avg +0.088%

Together, before fees+0.155%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.088%, 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	Gate BABA_USDT	116.76	0	get 0.0000% / 8h	7h 11m	$1.4M	$1.6M	50x
Short	Lighter BABA	116.85	0.0032	get 0.0004% / 1h	11m 09s	$386K	$50K	10x

Funding history

latest

Range statsloading…

Lighter against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee GatebpFee LighterbpOrdersPrice spread, now +0.077%Rate

Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 54 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	3.00 bp	15.4 bp −$15	180.4 bp −$1,804	doesn't fit	doesn't fit
Sell Lighter live order book, 54 min ago	8.58 bp	23.7 bp −$24	29.5 bp −$295	76.2 bp −$7,618	doesn't fit

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	116.67	−0.074%	$76K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.71	−0.043%	$2.2M	$582K	25x	as long as short
Gate BABA_USDTlong	0.0000%	8h	116.76	long leg	$1.4M	$1.6M	50x
Bitget BABAUSDT	0.0000%	8h	116.74	−0.017%	$2.5M	$1.3M	20x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	116.74	−0.014%	$3K	$233K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	116.75	−0.009%	$998	$4.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.89	+0.111%	$37K	$2K	20x	as long as short
Lighter BABAshort	+0.0032%	1h	116.85	+0.077%	$386K	$50K	10x
Lighter RH BABA	+0.0032%	1h	116.73	−0.026%	$424K	$511K	10x	as long as short
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.788%	$11K	$26K	12x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	116.75	−0.009%	—	$18K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.71	−0.043%	$12.1M	$2.9M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	116.64	−0.103%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.64	−0.103%	$234K	$353K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.71	−0.043%	$1.2M	$5.1M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.59	−0.146%	$605K	$542K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.74	−0.017%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0137%	8h	116.74	−0.021%	$302K	$619K	—	as long as short
Extended BABA_24_5-USD	+0.0192%	1h	116.72	−0.032%	$46K	$365K	10x	as long as short
Binance BABAUSDT	+0.0195%	8h	116.75	−0.007%	$15.4M	$22.2M	20x	as long as short
Phoenix BABA	+0.0343%	1h	116.74	−0.017%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.69	−0.060%	$75K	$100K	10x	as long as short