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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 116.27 | 0.0032 | pay 0.0004% / 1h | 44m 54s | $447K | $580K | 10x |
| Short | HTX BABA-USDT | 116.27 | 0 | get 0.0000% / 8h | 44m 54s | $37K | $2K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 32 min ago | 1.72 bp | 2.6 bp −$3 | 7.9 bp −$79 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 116.22 | −0.045% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.24 | −0.026% | $2.2M | $593K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.25 | −0.017% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.19 | −0.069% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.27 | 0.000% | $445 | $4.2M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 116.27 | 0.000% | $37K | $2K | 20x | |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | −0.017% | $300K | $620K | — | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 116.27 | long leg | $447K | $580K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.370% | $11K | $26K | 12x | as long as short |
| GRVT BABA_USDT_Perp | +0.0041% | 8h | 116.23 | −0.036% | $3K | $249K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.16 | −0.095% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.25 | −0.017% | $1.2M | $5.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.14 | −0.112% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.11 | −0.138% | $242K | $351K | 10x | as long as short |
| Lighter BABA | +0.0080% | 1h | 116.41 | +0.120% | $385K | $49K | 10x | as long as short |
| Binance BABAUSDT | +0.0093% | 8h | 116.27 | +0.003% | $15.3M | $21.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0096% | 1h | 116.25 | −0.020% | $42K | $383K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.15 | −0.103% | $602K | $605K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.23 | −0.034% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0120% | 1h | 116.20 | −0.060% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.18 | −0.077% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.25 | −0.017% | $78K | $94K | 10x | as long as short |
Lighter RH BABA
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Variational Omni BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Lighter BABA
Binance BABAUSDT
Extended BABA_24_5-USD
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
Phoenix BABA