BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.055%

Price spread now: Extended against Lighter RH+0.031%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.321% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.031%, 7d avg +0.040%

Together, before fees+0.070%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH BABA	116.31	0.0032	pay 0.0004% / 1h	35m 05s	$444K	$482K	10x
Short	Extended BABA_24_5-USD	116.35	0.0208	get 0.0026% / 1h	35m 05s	$44K	$488K	10x

Funding history

latest

Range statsloading…

Extended against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Lighter RHbpFee ExtendedbpOrdersPrice spread, now +0.031%Rate

Slippage from Lighter RH: live order book, 37 min ago; Extended: live order book, 37 min ago.

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, 37 min ago	2.58 bp	3.4 bp −$3	10.6 bp −$106	doesn't fit	doesn't fit
Sell Extended live order book, 37 min ago	3.01 bp	12.6 bp −$13	142.6 bp −$1,426	doesn't fit	doesn't fit

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	116.37	+0.048%	$75K	$27K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	116.41	+0.086%	$2.2M	$584K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	116.37	+0.052%	$1.4M	$1.6M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	116.39	+0.069%	$2.5M	$1.3M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	116.36	+0.043%	$630	$4.1M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	116.40	+0.077%	$37K	$2K	20x	as long as short
Lighter RH BABAlong	+0.0032%	1h	116.31	long leg	$444K	$482K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−0.404%	$11K	$26K	12x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	116.33	+0.017%	—	$9K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	116.27	−0.034%	$12.0M	$2.9M	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps BABA-USD	+0.0050%	1h	116.26	−0.043%	$10K	$264K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	116.30	−0.009%	$239K	$342K	10x	as long as short
Lighter BABA	+0.0072%	1h	116.50	+0.163%	$385K	$50K	10x	as long as short
QFEX BABA-USD	+0.0072%	1h	116.37	+0.052%	$1.2M	$5.1M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	116.32	+0.009%	$603K	$551K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	116.38	+0.060%	$2K	$798	10x	as long as short
GRVT BABA_USDT_Perp	+0.0104%	8h	116.43	+0.103%	$3K	$243K	10x	as long as short
Variational Omni BABA	+0.0146%	8h	116.39	+0.070%	$301K	$619K	—	as long as short
Extended BABA_24_5-USDshort	+0.0208%	1h	116.35	+0.031%	$44K	$488K	10x
Binance BABAUSDT	+0.0209%	8h	116.37	+0.052%	$15.4M	$21.6M	20x	as long as short
Phoenix BABA	+0.0343%	1h	116.37	+0.052%	$65K	$133K	10x	as long as short
Arcus BABA-USD	+0.0626%	1h	116.37	+0.052%	$75K	$101K	10x	as long as short