BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%

Price spread now: tradeXYZ against Lighter RH−0.017%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.332% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.017%, 7d avg −0.025%

Together, before fees+0.095%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, 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	117.07	0.0032	pay 0.0004% / 1h	2m 24s	$435K	$504K	10x
Short	tradeXYZ xyz:BABA	117.05	0.0084	get 0.0010% / 1h	2m 24s	$11.8M	$4.4M	10x

Funding history

latest

Range statsloading…

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.017%Rate

Slippage from Lighter RH: live order book, 35 min ago; tradeXYZ: live order book, 6 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, 35 min ago	3.00 bp	3.6 bp −$4	7.7 bp −$77	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.86 bp	12.9 bp −$13	16.6 bp −$166	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	116.97	−0.086%	$68K	$41K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.10	+0.026%	$2.1M	$716K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	117.16	+0.077%	$1.5M	$2.1M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.13	+0.051%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDT	0.0000%	8h	117.11	+0.034%	$787	$2.9M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	117.19	+0.103%	$30K	$19K	20x	as long as short
Lighter BABA	+0.0032%	1h	117.14	+0.060%	$373K	$72K	10x	as long as short
Lighter RH BABAlong	+0.0032%	1h	117.07	long leg	$435K	$504K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.051%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.04	−0.026%	$70K	$140K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BABA-USD	+0.0044%	1h	117.12	+0.043%	$1.2M	$2.9M	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	117.04	−0.026%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.04	−0.026%	$8K	$286K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	117.00	−0.060%	$231K	$423K	10x	as long as short
GRVT BABA_USDT_Perp	+0.0054%	8h	117.19	+0.103%	$3K	$188K	10x	as long as short
tradeXYZ xyz:BABAshort	+0.0084%	1h	117.05	−0.017%	$11.8M	$4.4M	10x
Variational Omni BABA	+0.0086%	8h	117.17	+0.085%	$338K	$779K	—	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	117.00	−0.060%	$609K	$393K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.11	+0.034%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0150%	8h	117.12	+0.043%	$15.3M	$31.8M	20x	as long as short
Extended BABA_24_5-USD	+0.0152%	1h	117.06	−0.007%	$47K	$307K	10x	as long as short
Phoenix BABA	+0.0205%	1h	117.06	−0.009%	$66K	$89K	10x	as long as short