BABA

Alert

Funding spread now, next payment 19:00 UTC−0.0001%/8h

next payment, per $10,000−$0.00paid, last 24h+0.001%paid, last 4 days+0.196%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BABA/USDC PERP	115.84	0.0033	pay 0.0004% / 1h	0m 38s	$11K	$26K	12x
Short	Lighter BABA	116.06	0.0032	get 0.0004% / 1h	0m 38s	$384K	$44K	10x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersRate

Funding earned: −$0.28
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$0.3
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 26 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.190%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 26 min ago	6.46 bp	11.0 bp −$11	20.8 bp −$208	69.1 bp −$6,914	doesn't fit

Injective: 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 21 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster BABAUSDT	0.0000%	8h	$73K	$25K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	$2.2M	$570K	25x	as long as short
Gate BABA_USDT	0.0000%	8h	$1.4M	$1.5M	50x	as long as short
Bitget BABAUSDT	0.0000%	8h	$2.5M	$1.3M	20x	as long as short
Variational Omni BABA	0.0000%	8h	$337K	$558K	—	as long as short
SunX BABA-USDT	0.0000%	8h	$694	$4.2M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	$37K	$2K	20x	as long as short
Lighter BABAshort	+0.0032%	1h	$384K	$44K	10x
Lighter RH BABA	+0.0032%	1h	$456K	$444K	10x	as long as short
Injective BABA/USDC PERPlong	+0.0033%	1h	$11K	$26K	12x

Show all 21 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Extended BABA_24_5-USD	+0.0040%	1h	$18K	$359K	10x	as long as short
Binance BABAUSDT	+0.0041%	8h	$15.5M	$19.6M	20x	as long as short
Vest BABA-USD-PERP	+0.0046%	1h	—	$9K	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	$8K	$252K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	$274K	$290K	10x	as long as short
QFEX BABA-USD	+0.0052%	1h	$1.2M	$4.9M	10x	as long as short
tradeXYZ xyz:BABA	+0.0079%	1h	$12.1M	$2.9M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	$603K	$788K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	$2K	$1K	10x	as long as short
Phoenix BABA	+0.0276%	1h	$79K	$129K	10x	as long as short
Arcus BABA-USD	+0.0683%	1h	$79K	$92K	10x	as long as short