BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH−0.025%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1541.542% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.025%, 7d avg −0.014%

Together, before fees+0.163%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$2 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	117.69	0.0032	pay 0.0004% / 1h	7m 05s	$437K	$514K	10x
Short	KuCoin BABAUSDTM	117.66	0.0100	get 0.0100% / 8h	2h 07m	$612K	$420K	20x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Lighter RHbpFee KuCoinbpOrdersPrice spread, now −0.025%Rate

Slippage from Lighter RH: live order book, 40 min ago; KuCoin: live order book, 52 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, 40 min ago	1.69 bp	4.0 bp −$4	10.9 bp −$109	doesn't fit	doesn't fit
Sell KuCoin live order book, 52 min ago	22.87 bp	67.4 bp −$67	doesn't fit	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	117.85	+0.136%	$69K	$36K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.70	+0.008%	$2.1M	$720K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	117.74	+0.042%	$1.5M	$2.0M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.73	+0.034%	$2.4M	$1.8M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	117.76	+0.059%	$677	$3.3M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	117.76	+0.059%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.77	+0.068%	$375K	$73K	10x	as long as short
Lighter RH BABAlong	+0.0032%	1h	117.69	long leg	$437K	$514K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.572%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.66	−0.025%	$71K	$110K	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	117.77	+0.068%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	117.62	−0.059%	$11.9M	$4.4M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.63	−0.051%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.67	−0.017%	$240K	$405K	10x	as long as short
QFEX BABA-USD	+0.0073%	1h	117.73	+0.034%	$1.2M	$3.2M	10x	as long as short
GRVT BABA_USDT_Perp	+0.0088%	8h	117.76	+0.056%	$3K	$193K	10x	as long as short
KuCoin BABAUSDTMshort	+0.0100%	8h	117.66	−0.025%	$612K	$420K	20x
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.71	+0.017%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0109%	8h	117.76	+0.063%	$265K	$658K	—	as long as short
Binance BABAUSDT	+0.0174%	8h	117.71	+0.017%	$15.5M	$31.6M	20x	as long as short
Extended BABA_24_5-USD	+0.0176%	1h	117.71	+0.014%	$44K	$355K	10x	as long as short
Phoenix BABA	+0.0271%	1h	117.69	0.000%	$66K	$90K	10x	as long as short