Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Lighter RH+0.150%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.150%, 7d avg +0.145%
=Together, before fees+0.195%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 119.71 | 0.0032 | pay 0.0004% / 1h | 51m 38s | $436K | $509K | 10x |
| Short | Lighter BABA | 119.89 | 0.0032 | get 0.0004% / 1h | 51m 38s | $384K | $73K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $0
- Price spread: +0.150% → +0.145%
- $0.56
- Slippage, 4 orders
- −$42.36
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.8
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 58 min ago; Lighter: live order book, 54 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, 58 min ago | 4.20 bp | 4.2 bp −$4 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 min ago | 9.66 bp | 23.6 bp −$24 | 33.3 bp −$333 | 80.0 bp −$8,003 | doesn't fit |
BABA on 22 exchanges
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 | 119.69 | −0.013% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.84 | +0.109% | $2.2M | $711K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.76 | +0.042% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.74 | +0.025% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.79 | +0.067% | $744 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.77 | +0.050% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.73 | +0.017% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABAshort | +0.0032% | 1h | 119.89 | +0.150% | $384K | $73K | 10x | |
| Lighter RH BABAlong | +0.0032% | 1h | 119.71 | long leg | $436K | $509K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.233% | $11K | $26K | 12x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.67 | −0.033% | $72K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.88 | +0.142% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.73 | +0.017% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.67 | −0.033% | $213K | $446K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0076% | 1h | 119.71 | 0.000% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.64 | −0.058% | $623K | $517K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.79 | +0.067% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0223% | 8h | 119.93 | +0.187% | $375K | $672K | — | as long as short |
| Binance BABAUSDT | +0.0266% | 8h | 119.74 | +0.027% | $15.2M | $33.7M | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0266% | 8h | 119.93 | +0.184% | $3K | $180K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.76 | +0.042% | $67K | $109K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0272% | 1h | 119.70 | −0.009% | $47K | $312K | 10x | as long as short |
Lighter RH BABA
Lighter BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
GRVT BABA_USDT_Perp
Phoenix BABA
Extended BABA_24_5-USD