Settings8H · net · $10k
Funding arb · Price arb /

BABA

RWAall BABA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BABA-USDT117.730get 0.0000% / 8h2h 10m$30K$18K20x
ShortLighter RH BABA117.730.0032get 0.0004% / 1h10m 42s$437K$514K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Lighter RH live order book, 37 min ago1.69 bp2.3 bp −$214.0 bp −$140doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BABAUSDT0.0000%8h118.02+0.243%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.730.000%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.78+0.042%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.79+0.051%$2.4M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h117.78+0.042%$865$3.4M20xas long as short
HTX BABA-USDTlong0.0000%8h117.73long leg$30K$18K20x
Lighter BABA+0.0032%1h117.79+0.051%$375K$73K10xas long as short
Lighter RH BABAshort+0.0032%1h117.730.000%$437K$514K10x
Injective BABA/USDC PERP+0.0033%1h115.84−1.605%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.61−0.102%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.75+0.017%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.72−0.008%$11.9M$4.4M10xas long as short
Polymarket Perps BABA-USD+0.0050%1h117.71−0.017%$9K$266K10xas long as short
Ondo Perps BABA-USD.P+0.0050%1h117.67−0.051%$240K$405K10xas long as short
QFEX BABA-USD+0.0073%1h117.78+0.042%$1.2M$3.3M10xas long as short
GRVT BABA_USDT_Perp+0.0084%8h117.63−0.081%$3K$193K10xas long as short
KuCoin BABAUSDTM+0.0100%8h117.66−0.059%$613K$423K20xas long as short
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.78+0.042%$2K$79810xas long as short
Variational Omni BABA+0.0109%8h117.76+0.029%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0176%1h117.730.000%$44K$355K10xas long as short
Binance BABAUSDT+0.0178%8h117.77+0.033%$15.6M$31.6M20xas long as short
Phoenix BABA+0.0271%1h117.55−0.153%$66K$90K10xas long as short