Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.131%
Price spread now: Arcus against Lighter RH+0.042%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 4 days (all we have)+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.042%, 7d avg +0.053%
=Together, before fees+0.159%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 118.25 | 0.0032 | pay 0.0004% / 1h | 51m 24s | $438K | $509K | 10x |
| Short | Arcus BABA-USD | 118.30 | 0.0040 | get 0.0005% / 1h | 51m 24s | $72K | $110K | 10x |
Lighter RH BABA
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $1.74
- Price spread: +0.042% → +0.053%
- −$1.05
- Slippage, 4 orders
- −$23.95
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$27.76
- Costs to cover
- 0.284%
- Break-even
- 118.8 days
Slippage from Lighter RH: live order book, 61 min ago; Arcus: live order book, 52 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 RH live order book, 61 min ago | 1.69 bp | 2.7 bp −$3 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 52 min ago | 4.65 bp | 11.2 bp −$11 | 13.2 bp −$132 | 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 | 118.29 | +0.035% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.26 | +0.008% | $2.1M | $711K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.30 | +0.042% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.31 | +0.051% | $794 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.36 | +0.093% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.31 | +0.051% | $376K | $73K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 118.25 | long leg | $438K | $509K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.038% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDshort | +0.0040% | 1h | 118.30 | +0.042% | $72K | $110K | 10x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.23 | −0.017% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.16 | −0.076% | $12.0M | $4.3M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | −0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.22 | −0.025% | $239K | $408K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 118.52 | +0.224% | $3K | $193K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 118.26 | +0.008% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0084% | 8h | 118.31 | +0.050% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.12 | −0.110% | $615K | $443K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.28 | +0.025% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0164% | 8h | 118.32 | +0.057% | $15.7M | $31.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0168% | 1h | 118.29 | +0.035% | $43K | $357K | 10x | as long as short |
| Bitget BABAUSDT | +0.0184% | 8h | 118.28 | +0.025% | $2.4M | $1.7M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 118.46 | +0.178% | $66K | $90K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Bitget BABAUSDT
Phoenix BABA