Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: HTX against Lighter RH0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH BABA116.270.0032pay 0.0004% / 1h44m 54s$447K$580K10x
ShortHTX BABA-USDT116.270get 0.0000% / 8h44m 54s$37K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
−$6.72
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$18.72
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 32 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 32 min ago1.72 bp2.6 bp −$37.9 bp −$79doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h116.22−0.045%$75K$27K20xas long as short
Bybit BABAUSDT0.0000%8h116.24−0.026%$2.2M$593K25xas long as short
Gate BABA_USDT0.0000%8h116.25−0.017%$1.4M$1.7M50xas long as short
Bitget BABAUSDT0.0000%8h116.19−0.069%$2.5M$1.4M20xas long as short
SunX BABA-USDT0.0000%8h116.270.000%$445$4.2M20xas long as short
HTX BABA-USDTshort0.0000%8h116.270.000%$37K$2K20x
Variational Omni BABA+0.0006%8h116.25−0.017%$300K$620Kas long as short
Lighter RH BABAlong+0.0032%1h116.27long leg$447K$580K10x
Injective BABA/USDC PERP+0.0033%1h115.84−0.370%$11K$26K12xas long as short
GRVT BABA_USDT_Perp+0.0041%8h116.23−0.036%$3K$249K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h116.16−0.095%$9K10xas long as short
QFEX BABA-USD+0.0047%1h116.25−0.017%$1.2M$5.1M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h116.14−0.112%$10K$263K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h116.11−0.138%$242K$351K10xas long as short
Lighter BABA+0.0080%1h116.41+0.120%$385K$49K10xas long as short
Binance BABAUSDT+0.0093%8h116.27+0.003%$15.3M$21.3M20xas long as short
Extended BABA_24_5-USD+0.0096%1h116.25−0.020%$42K$383K10xas long as short
KuCoin BABAUSDTM+0.0100%8h116.15−0.103%$602K$605K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h116.23−0.034%$2K$1K10xas long as short
tradeXYZ xyz:BABA+0.0120%1h116.20−0.060%$12.1M$3.0M10xas long as short
Phoenix BABA+0.0276%1h116.18−0.077%$65K$143K10xas long as short
Arcus BABA-USD+0.0394%1h116.25−0.017%$78K$94K10xas long as short