Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH+0.119%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1371.369% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.119%, 7d avg +0.073%
=Together, before fees−0.121%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.045% dearer against Lighter RH than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.073%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 117.82 | 0.0032 | pay 0.0004% / 1h | 55m 35s | $427K | $495K | 10x |
| Short | SunX BABA-USDT | 117.96 | 0 | get 0.0000% / 8h | 5h 55m | $582 | $3.6M | 20x |
Lighter RH BABA
SunX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.119% → +0.073%
- $4.55
- Slippage, 4 orders
- −$128.86
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$139.03
- Costs to cover
- 1.369%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 7 min ago; SunX: live order book, 2 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, 7 min ago | 3.38 bp | 3.9 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 46.19 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
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 | 117.84 | +0.013% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.90 | +0.068% | $2.2M | $579K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.88 | +0.051% | $1.5M | $1.6M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 117.98 | +0.133% | $3K | $222K | 10x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 117.96 | +0.119% | $582 | $3.6M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 117.91 | +0.076% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.95 | +0.110% | $388K | $46K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 117.82 | long leg | $427K | $495K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.681% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.90 | +0.068% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.91 | +0.076% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.79 | −0.025% | $12.1M | $3.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.87 | +0.042% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.80 | −0.017% | $236K | $374K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 117.83 | +0.008% | $1.2M | $4.5M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.78 | −0.034% | $613K | $524K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.88 | +0.051% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0119% | 8h | 117.87 | +0.039% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.83 | +0.010% | $46K | $368K | 10x | as long as short |
| Binance BABAUSDT | +0.0180% | 8h | 117.86 | +0.031% | $15.6M | $23.9M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 117.86 | +0.034% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0278% | 8h | 117.92 | +0.085% | $2.5M | $1.3M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT