Funding you earn now, next payment 09:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Injective+1.217%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 1.217% dearer against Injective than usual: you sell high and buy low, +$122 on $10k if it 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 | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 51m 06s | $11K | $26K | 12x |
| Short | Lighter BABA | 117.25 | 0.0032 | get 0.0004% / 1h | 51m 06s | $373K | $71K | 10x |
Injective BABA/USDC PERP
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- −$0.28
- Price spread: +1.217% → 0.000%
- $121.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $121.42
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 38 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 38 min ago | 11.95 bp | 29.2 bp −$29 | 32.4 bp −$324 | 77.7 bp −$7,771 | doesn't fit |
Injective: 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 | 117.07 | +1.059% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.19 | +1.165% | $2.1M | $726K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +1.165% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.17 | +1.148% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.19 | +1.165% | $902 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.24 | +1.209% | $30K | $19K | 20x | as long as short |
| Lighter BABAshort | +0.0032% | 1h | 117.25 | +1.217% | $373K | $71K | 10x | |
| Lighter RH BABA | +0.0032% | 1h | 117.18 | +1.157% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.08 | +1.070% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
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 | 117.06 | +1.053% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.07 | +1.062% | $12.0M | $4.6M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.01 | +1.010% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.04 | +1.036% | $231K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.14 | +1.122% | $1.2M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.99 | +0.993% | $610K | $399K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.19 | +1.165% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0106% | 8h | 117.19 | +1.166% | $338K | $779K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0130% | 8h | 117.16 | +1.144% | $3K | $184K | 10x | as long as short |
| Binance BABAUSDT | +0.0167% | 8h | 117.22 | +1.188% | $15.3M | $31.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0168% | 1h | 117.19 | +1.163% | $43K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.15 | +1.131% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA