Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH+0.017%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: +$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 | 117.14 | 0.0032 | pay 0.0004% / 1h | 20m 29s | $436K | $503K | 10x |
| Short | Orderly PERP_BABA_USDC_mythos | 117.16 | 0.0100 | get 0.0100% / 8h | 20m 29s | $2K | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14.28
- Price spread: +0.017% → 0.000%
- $1.71
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $9.99
- Costs to cover
- 0.060%
- Break-even
- 2.1 days
Slippage unknown: Lighter RH: live order book, 17 min ago; Orderly: 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, 17 min ago | 3.00 bp | 3.6 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 117.03 | −0.092% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.17 | +0.026% | $2.1M | $719K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.19 | +0.043% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.19 | +0.043% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.21 | +0.060% | $941 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.26 | +0.102% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0019% | 8h | 117.11 | −0.026% | $3K | $188K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.19 | +0.043% | $373K | $72K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 117.14 | long leg | $436K | $503K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.110% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 117.06 | −0.068% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 117.14 | 0.000% | $1.2M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.06 | −0.068% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.09 | −0.043% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.01 | −0.111% | $231K | $428K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 117.19 | +0.047% | $338K | $779K | — | as long as short |
| tradeXYZ xyz:BABA | +0.0059% | 1h | 117.08 | −0.051% | $11.8M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.04 | −0.085% | $609K | $385K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 117.16 | +0.017% | $2K | $798 | 10x | |
| Binance BABAUSDT | +0.0111% | 8h | 117.19 | +0.043% | $15.2M | $32.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 117.19 | +0.039% | $47K | $309K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.06 | −0.068% | $66K | $89K | 10x | as long as short |
Lighter RH BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA