Funding you earn now, next payment 01:00 UTC+0.0728%/8h= +79.7% APRpaid last 24h +0.011%
Price spread now: Lighter against HTX+0.103%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.103% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BABA-USDT | 116.58 | 0 | get 0.0000% / 8h | 7h 58m | $37K | $2K | 20x |
| Short | Lighter BABA | 116.70 | 0.0728 | get 0.0091% / 1h | 58m 33s | $385K | $49K | 10x |
HTX BABA-USDT
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $152.88
- Price spread: +0.103% → 0.000%
- $10.29
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $151.17
- Costs to cover
- 0.120%
- Break-even
- 0.1 days
Slippage unknown: HTX: no order-book sample; Lighter: live order book, 6 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 HTX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 8.58 bp | 23.7 bp −$24 | 29.5 bp −$295 | 76.2 bp −$7,618 | doesn't fit |
HTX: 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 BABAUSDT | 0.0000% | 8h | 116.49 | −0.078% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.57 | −0.009% | $2.2M | $580K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.56 | −0.017% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.57 | −0.009% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.53 | −0.043% | $549 | $4.2M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 116.58 | long leg | $37K | $2K | 20x | |
| Lighter RH BABA | +0.0032% | 1h | 116.55 | −0.026% | $444K | $479K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.635% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.39 | −0.163% | — | $9K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.40 | −0.154% | $10K | $264K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
Polymarket Perps BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.14 | −0.377% | $243K | $354K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.54 | −0.034% | $1.2M | $5.2M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.45 | −0.112% | $604K | $566K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.49 | −0.077% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0130% | 8h | 116.49 | −0.074% | $2K | $245K | 10x | as long as short |
| Variational Omni BABA | +0.0132% | 8h | 116.51 | −0.061% | $301K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.58 | −0.002% | $42K | $380K | 10x | as long as short |
| Binance BABAUSDT | +0.0209% | 8h | 116.60 | +0.017% | $15.4M | $21.7M | 20x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | −0.086% | $65K | $133K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0291% | 1h | 116.43 | −0.129% | $12.1M | $3.1M | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.51 | −0.060% | $75K | $101K | 10x | as long as short |
| Lighter BABAshort | +0.0728% | 1h | 116.70 | +0.103% | $385K | $49K | 10x |
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_Perp
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
tradeXYZ xyz:BABA
Arcus BABA-USD