Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Lighter−0.112%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.112%, 7d avg −0.151%
=Together, before fees−0.236%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.039% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.151%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BABA | 116.52 | 0.0032 | pay 0.0004% / 1h | 29m 37s | $385K | $50K | 10x |
| Short | Lighter RH BABA | 116.39 | 0.0032 | get 0.0004% / 1h | 29m 37s | $444K | $482K | 10x |
Lighter BABA
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- Price spread: −0.112% → −0.151%
- $3.95
- Slippage, 4 orders
- −$44.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$40.18
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 35 min ago; Lighter RH: live order book, 43 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 Lighter live order book, 35 min ago | 8.58 bp | 13.5 bp −$14 | 16.4 bp −$164 | 62.6 bp −$6,257 | doesn't fit |
| Sell Lighter RH live order book, 43 min ago | 2.58 bp | 3.5 bp −$4 | 12.7 bp −$127 | 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 | 116.43 | −0.077% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.47 | −0.043% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.44 | −0.069% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.40 | −0.103% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.42 | −0.087% | $3K | $235K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.44 | −0.069% | $713 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.48 | −0.034% | $37K | $2K | 20x | as long as short |
| Lighter BABAlong | +0.0032% | 1h | 116.52 | long leg | $385K | $50K | 10x | |
| Lighter RH BABAshort | +0.0032% | 1h | 116.39 | −0.112% | $444K | $482K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.584% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.39 | −0.112% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.36 | −0.137% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.34 | −0.154% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.25 | −0.232% | $239K | $342K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.43 | −0.077% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.34 | −0.154% | $603K | $547K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.43 | −0.077% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0143% | 8h | 116.43 | −0.080% | $301K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 116.39 | −0.107% | $42K | $510K | 10x | as long as short |
| Binance BABAUSDT | +0.0200% | 8h | 116.42 | −0.086% | $15.4M | $21.7M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.39 | −0.112% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.39 | −0.112% | $75K | $100K | 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
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD