Funding you earn now, next payment 21:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.010%
Price spread now: Lighter RH against Bitget+0.017%7-day average −0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.017%, 7d avg −0.103%
=Together, before fees−0.205%+ Points / potential airdropLighter RH: Points live · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.120% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 116.01 | 0 | get 0.0000% / 8h | 3h 30m | $2.5M | $1.3M | 20x |
| Short | Lighter RH BABA | 116.03 | 0.0032 | get 0.0004% / 1h | 30m 46s | $450K | $583K | 10x |
Bitget BABAUSDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bitget. 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: +0.017% → −0.103%
- $12.01
- Slippage, 4 orders
- −$23.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.66
- Costs to cover
- 0.354%
- Break-even
- 24.4 days
Slippage from Bitget: live order book, 2 min ago; Lighter RH: live order book, 17 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 Bitget live order book, 2 min ago | 1.72 bp | 14.0 bp −$14 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 17 min ago | 2.59 bp | 3.7 bp −$4 | 10.1 bp −$101 | 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 | 116.04 | +0.022% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.01 | 0.000% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.04 | +0.026% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDTlong | 0.0000% | 8h | 116.01 | long leg | $2.5M | $1.3M | 20x | |
| Variational Omni BABA | 0.0000% | 8h | 115.95 | −0.055% | $289K | $606K | — | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.05 | +0.034% | $927 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.04 | +0.026% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.19 | +0.155% | $385K | $51K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.03 | +0.017% | $450K | $583K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.147% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Variational Omni BABA
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.98 | −0.026% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.99 | −0.017% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.94 | −0.060% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.90 | −0.095% | $248K | $328K | 10x | as long as short |
| QFEX BABA-USD | +0.0065% | 1h | 116.03 | +0.017% | $1.2M | $4.9M | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0080% | 1h | 116.05 | +0.031% | $18K | $359K | 10x | as long as short |
| Binance BABAUSDT | +0.0082% | 8h | 116.05 | +0.035% | $15.5M | $19.9M | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0086% | 8h | 116.00 | −0.011% | $3K | $269K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.94 | −0.060% | $602K | $722K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.04 | +0.026% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0345% | 1h | 116.06 | +0.043% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0765% | 1h | 116.03 | +0.017% | $79K | $93K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Extended BABA_24_5-USD
Binance BABAUSDT
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD