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: Injective against Lighter−1.203%7-day average — · you buy dearer than you sell
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: Injective is 1.203% cheaper against Lighter than usual: you would sell low and buy high, −$120 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 | Lighter BABA | 117.25 | 0.0032 | pay 0.0004% / 1h | 50m 45s | $373K | $71K | 10x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 50m 45s | $11K | $26K | 12x |
Lighter BABA
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Lighter. 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: −1.203% → 0.000%
- −$120.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$120
- Costs to cover
- 0.000%
- Break-even
- 3007.0 days
Slippage unknown: Lighter: live order book, 39 min ago; Injective: no order-book sample. 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 Lighter live order book, 39 min ago | 11.95 bp | 18.6 bp −$19 | 20.6 bp −$206 | 65.6 bp −$6,562 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 117.06 | −0.160% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.19 | −0.051% | $2.1M | $726K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | −0.051% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.20 | −0.043% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.19 | −0.051% | $902 | $2.9M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.24 | −0.009% | $30K | $19K | 20x | as long as short |
| Lighter BABAlong | +0.0032% | 1h | 117.25 | long leg | $373K | $71K | 10x | |
| Lighter RH BABA | +0.0032% | 1h | 117.19 | −0.051% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −1.203% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.08 | −0.145% | $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 | −0.162% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.12 | −0.111% | $12.0M | $4.6M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.01 | −0.205% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.04 | −0.179% | $231K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.14 | −0.094% | $1.2M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.01 | −0.205% | $610K | $399K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.19 | −0.051% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0109% | 8h | 117.19 | −0.055% | $338K | $721K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0130% | 8h | 117.16 | −0.073% | $3K | $184K | 10x | as long as short |
| Binance BABAUSDT | +0.0167% | 8h | 117.22 | −0.027% | $15.3M | $31.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0168% | 1h | 117.19 | −0.052% | $43K | $311K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.15 | −0.085% | $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