Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Aster+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.039% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BABAUSDT | 116.23 | 0 | get 0.0000% / 8h | 41m 45s | $75K | $27K | 20x |
| Short | Lighter RH BABA | 116.28 | 0.0032 | get 0.0004% / 1h | 41m 45s | $447K | $580K | 10x |
Aster BABAUSDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aster. 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: +0.039% → 0.000%
- $3.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $2.64
- Costs to cover
- 0.080%
- Break-even
- 4.3 days
Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 36 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 36 min ago | 1.72 bp | 2.5 bp −$2 | 10.1 bp −$101 | doesn't fit | doesn't fit |
Aster: 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 BABAUSDTlong | 0.0000% | 8h | 116.23 | long leg | $75K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.31 | +0.065% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.31 | +0.065% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.35 | +0.099% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.30 | +0.056% | $799 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.42 | +0.160% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | +0.014% | $300K | $620K | — | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.28 | +0.039% | $447K | $580K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.339% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.19 | −0.038% | — | $9K | 10x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.23 | −0.004% | $1.2M | $5.1M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0049% | 8h | 116.27 | +0.031% | $3K | $247K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.18 | −0.047% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.04 | −0.167% | $242K | $352K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.21 | −0.021% | $602K | $602K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.30 | +0.056% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.43 | +0.168% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.29 | +0.047% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0115% | 8h | 116.31 | +0.065% | $15.3M | $21.5M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0151% | 1h | 116.26 | +0.022% | $12.1M | $3.1M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.24 | +0.005% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.28 | +0.039% | $78K | $94K | 10x | as long as short |
QFEX BABA-USD
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD