BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.131%

Price spread now: Lighter RH against Arcus−0.051%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.302% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.201%−$20 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.051%, 7d avg −0.053%

Together, before fees−0.151%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus BABA-USD	118.58	0.0040	pay 0.0005% / 1h	37m 46s	$72K	$109K	10x
Short	Lighter RH BABA	118.52	0.0032	get 0.0004% / 1h	37m 46s	$427K	$495K	10x

Funding history

latest

Range statsloading…

Lighter RH against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee ArcusbpFee Lighter RHbpOrdersPrice spread, now −0.051%Rate

Slippage from Arcus: live order book, 11 min ago; Lighter RH: live order book, 20 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 11 min ago	4.63 bp	12.2 bp −$12	15.1 bp −$151	doesn't fit	doesn't fit
Sell Lighter RH live order book, 20 min ago	3.35 bp	3.7 bp −$4	12.7 bp −$127	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	118.73	+0.126%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.67	+0.076%	$2.2M	$647K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	118.59	+0.008%	$1.5M	$1.9M	50x	as long as short
GRVT BABA_USDT_Perp	0.0000%	8h	118.64	+0.053%	$3K	$216K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.71	+0.110%	$1K	$3.6M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.73	+0.126%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.64	+0.051%	$377K	$73K	10x	as long as short
Lighter RH BABAshort	+0.0032%	1h	118.52	−0.051%	$427K	$495K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.311%	$11K	$26K	12x	as long as short
Arcus BABA-USDlong	+0.0040%	1h	118.58	long leg	$72K	$109K	10x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.62	+0.034%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.49	−0.076%	$12.0M	$4.1M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.62	+0.034%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.41	−0.143%	$241K	$404K	10x	as long as short
Variational Omni BABA	+0.0060%	8h	118.65	+0.057%	$267K	$658K	—	as long as short
QFEX BABA-USD	+0.0068%	1h	118.67	+0.076%	$1.2M	$4.3M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.47	−0.093%	$616K	$493K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.69	+0.093%	$2K	$798	10x	as long as short
Binance BABAUSDT	+0.0142%	8h	118.58	0.000%	$15.6M	$30.1M	20x	as long as short
Extended BABA_24_5-USD	+0.0144%	1h	118.55	−0.025%	$43K	$360K	10x	as long as short
Phoenix BABA	+0.0201%	1h	118.49	−0.076%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0856%	8h	118.54	−0.034%	$2.4M	$1.7M	20x	as long as short