Funding you earn now, next payment 03:00 UTC+0.0409%/8h= +44.8% APRpaid last 24h +0.010%
Price spread now: Bitget against Lighter RH+0.067%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.067%, 7d avg +0.101%
=Together, before fees+0.121%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.101%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$12 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 119.35 | 0.0032 | pay 0.0004% / 1h | 36m 54s | $432K | $496K | 10x |
| Short | Bitget BABAUSDT | 119.43 | 0.0441 | get 0.0441% / 8h | 5h 36m | $2.5M | $1.4M | 20x |
Lighter RH BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $85.89
- Price spread: +0.067% → +0.101%
- −$3.44
- Slippage, 4 orders
- −$31.48
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $38.97
- Costs to cover
- 0.435%
- Break-even
- 3.8 days
Slippage from Lighter RH: live order book, 25 min ago; Bitget: live order book, 5 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, 25 min ago | 3.38 bp | 3.9 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.96 bp | 19.7 bp −$20 | 59.7 bp −$597 | 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 | 119.34 | −0.010% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.48 | +0.109% | $2.2M | $622K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.44 | +0.075% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.59 | −0.639% | $3K | $219K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.48 | +0.109% | $828 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.67 | +0.268% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.39 | +0.034% | $387K | $62K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 119.35 | long leg | $432K | $496K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.941% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.65 | −0.587% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
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 | 119.34 | −0.008% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.34 | −0.008% | $12.2M | $3.6M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.36 | +0.008% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.37 | +0.017% | $235K | $384K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.42 | +0.059% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni BABA | +0.0092% | 8h | 118.27 | −0.903% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.30 | −0.042% | $622K | $515K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.45 | +0.084% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0157% | 8h | 119.42 | +0.059% | $15.7M | $25.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 119.39 | +0.031% | $44K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.57 | −0.654% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0441% | 8h | 119.43 | +0.067% | $2.5M | $1.4M | 20x |
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
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA