BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against SunX−0.060%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1361.356% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.249%−$25 · spread now −0.060%, 7d avg −0.070%

Together, before fees−0.181%+ Points / potential airdropLighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BABA-USDT	117.28	0	get 0.0000% / 8h	7h 47m	$1K	$2.9M	20x
Short	Lighter RH BABA	117.21	0.0032	get 0.0004% / 1h	47m 37s	$436K	$494K	10x

Funding history

latest

Range statsloading…

Lighter RH against SunX. 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 SunXbpFee Lighter RHbpOrdersPrice spread, now −0.060%Rate

Slippage from SunX: live order book, 10 min ago; Lighter RH: live order book, 50 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 10 min ago	46.08 bp	64.0 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 50 min ago	3.00 bp	3.4 bp −$3	10.6 bp −$106	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	117.07	−0.175%	$68K	$41K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	117.24	−0.034%	$2.1M	$726K	25x	as long as short
Bitget BABAUSDT	0.0000%	8h	117.21	−0.060%	$2.3M	$1.9M	20x	as long as short
SunX BABA-USDTlong	0.0000%	8h	117.28	long leg	$1K	$2.9M	20x
Lighter BABA	+0.0032%	1h	117.29	+0.009%	$373K	$71K	10x	as long as short
Lighter RH BABAshort	+0.0032%	1h	117.21	−0.060%	$436K	$494K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−1.228%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	117.18	−0.085%	$70K	$140K	10x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	117.16	−0.102%	—	$19K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	117.07	−0.179%	$8K	$281K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps BABA-USD.P	+0.0050%	1h	117.12	−0.136%	$231K	$422K	10x	as long as short
Gate BABA_USDT	+0.0056%	8h	117.27	−0.009%	$1.5M	$1.9M	50x	as long as short
QFEX BABA-USD	+0.0080%	1h	117.26	−0.017%	$1.2M	$3.0M	10x	as long as short
tradeXYZ xyz:BABA	+0.0097%	1h	117.15	−0.111%	$12.0M	$4.6M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	117.12	−0.136%	$612K	$402K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	117.26	−0.017%	$2K	$798	10x	as long as short
Variational Omni BABA	+0.0109%	8h	117.19	−0.080%	$338K	$721K	—	as long as short
GRVT BABA_USDT_Perp	+0.0130%	8h	117.16	−0.098%	$3K	$184K	10x	as long as short
HTX BABA-USDT	+0.0141%	8h	117.33	+0.043%	$30K	$19K	20x	as long as short
Extended BABA_24_5-USD	+0.0176%	1h	117.25	−0.026%	$43K	$311K	10x	as long as short
Binance BABAUSDT	+0.0178%	8h	117.28	0.000%	$15.3M	$31.6M	20x	as long as short
Phoenix BABA	+0.0273%	1h	117.12	−0.136%	$66K	$89K	10x	as long as short