Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin−0.009%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1721.715% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.009%, 7d avg +0.014%
=Together, before fees−0.117%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.78 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $607K | $394K | 20x |
| Short | Lighter RH BABA | 116.77 | 0.0032 | get 0.0004% / 1h | 27m 10s | $433K | $511K | 10x |
KuCoin BABAUSDTM
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- −$14.28
- Price spread: −0.009% → +0.014%
- −$2.25
- Slippage, 4 orders
- −$159.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$188.06
- Costs to cover
- 1.715%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 17 min ago; Lighter RH: live order book, 15 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 KuCoin live order book, 17 min ago | 22.22 bp | 97.3 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 15 min ago | 2.56 bp | 3.2 bp −$3 | 9.4 bp −$94 | doesn't fit | 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 | 116.95 | +0.149% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.80 | +0.017% | $2.1M | $737K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.80 | +0.017% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.84 | +0.051% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.79 | +0.009% | $876 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.80 | +0.017% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0029% | 8h | 116.70 | −0.069% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.83 | +0.043% | $372K | $72K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.77 | −0.009% | $433K | $511K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.805% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.73 | −0.043% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.78 | 0.000% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.72 | −0.051% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.72 | −0.051% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.68 | −0.086% | $227K | $420K | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 116.66 | −0.099% | $362K | $752K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.79 | +0.009% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.78 | long leg | $607K | $394K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.79 | +0.009% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0126% | 8h | 116.79 | +0.009% | $15.1M | $32.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.76 | −0.015% | $43K | $304K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.69 | −0.077% | $65K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA