Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter RH against Injective+2.262%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 RH: Points live · 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 RH is 2.262% dearer against Injective than usual: you sell high and buy low, +$226 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 | 22m 47s | $11K | $26K | 12x |
| Short | Lighter RH BABA | 118.46 | 0.0032 | get 0.0004% / 1h | 22m 47s | $436K | $506K | 10x |
Injective BABA/USDC PERP
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +2.262% → 0.000%
- $226.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $225.87
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 35 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 RH live order book, 35 min ago | 3.35 bp | 3.7 bp −$4 | 12.7 bp −$127 | doesn't fit | 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 | 118.69 | +2.461% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.58 | +2.365% | $2.1M | $693K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.55 | +2.339% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.55 | +2.339% | $735 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.42 | +2.227% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0008% | 8h | 118.33 | +2.148% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.54 | +2.331% | $377K | $73K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 118.46 | +2.262% | $436K | $506K | 10x | |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 118.29 | +2.115% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter 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 | 118.46 | +2.262% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.34 | +2.158% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.48 | +2.279% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.30 | +2.124% | $240K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.50 | +2.296% | $1.2M | $4.2M | 10x | as long as short |
| Variational Omni BABA | +0.0072% | 8h | 118.34 | +2.161% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.41 | +2.219% | $617K | $486K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.52 | +2.314% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 118.50 | +2.296% | $44K | $358K | 10x | as long as short |
| Binance BABAUSDT | +0.0146% | 8h | 118.50 | +2.296% | $15.8M | $29.8M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.26 | +2.089% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0628% | 8h | 118.61 | +2.391% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT