Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against HTX0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | HTX BABA-USDT | 117.73 | 0 | get 0.0000% / 8h | 2h 10m | $30K | $18K | 20x |
| Short | Lighter RH BABA | 117.73 | 0.0032 | get 0.0004% / 1h | 10m 42s | $437K | $514K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against HTX. 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: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$5.28
- Costs to cover
- 0.120%
- Break-even
- 12.5 days
Slippage unknown: HTX: no order-book sample; Lighter RH: live order book, 37 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 HTX no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 37 min ago | 1.69 bp | 2.3 bp −$2 | 14.0 bp −$140 | doesn't fit | doesn't fit |
HTX: 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 BABAUSDT | 0.0000% | 8h | 118.02 | +0.243% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.73 | 0.000% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.78 | +0.042% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.79 | +0.051% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.78 | +0.042% | $865 | $3.4M | 20x | as long as short |
| HTX BABA-USDTlong | 0.0000% | 8h | 117.73 | long leg | $30K | $18K | 20x | |
| Lighter BABA | +0.0032% | 1h | 117.79 | +0.051% | $375K | $73K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 117.73 | 0.000% | $437K | $514K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.605% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.61 | −0.102% | $71K | $110K | 10x | as long as short |
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 | 117.75 | +0.017% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.72 | −0.008% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.71 | −0.017% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.67 | −0.051% | $240K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.78 | +0.042% | $1.2M | $3.3M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.63 | −0.081% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.66 | −0.059% | $613K | $423K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.78 | +0.042% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0109% | 8h | 117.76 | +0.029% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.73 | 0.000% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0178% | 8h | 117.77 | +0.033% | $15.6M | $31.6M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.55 | −0.153% | $66K | $90K | 10x | as long as short |
HTX BABA-USDT
Lighter RH BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA