Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin+0.008%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.008%, 7d avg +0.014%
=Together, before fees−0.146%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 117.69 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $612K | $422K | 20x |
| Short | Lighter RH BABA | 117.70 | 0.0032 | get 0.0004% / 1h | 10m 19s | $437K | $514K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- −$14.28
- Price spread: +0.008% → +0.014%
- −$0.53
- Slippage, 4 orders
- −$142.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$169.03
- Costs to cover
- 1.542%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; Lighter RH: live order book, 37 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 KuCoin live order book, 49 min ago | 22.87 bp | 80.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| 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 |
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 | 117.93 | +0.202% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.63 | −0.051% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.78 | +0.076% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.79 | +0.085% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.73 | +0.034% | $821 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.73 | +0.034% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.79 | +0.085% | $375K | $73K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 117.70 | +0.008% | $437K | $514K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.572% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.64 | −0.042% | $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 | 117.78 | +0.076% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.70 | +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 | −0.017% | $240K | $405K | 10x | as long as short |
| QFEX BABA-USD | +0.0073% | 1h | 117.78 | +0.076% | $1.2M | $3.3M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.63 | −0.047% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.69 | long leg | $612K | $422K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.77 | +0.068% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0109% | 8h | 117.76 | +0.063% | $265K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.73 | +0.030% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0178% | 8h | 117.64 | −0.042% | $15.6M | $31.6M | 20x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.55 | −0.119% | $66K | $90K | 10x | as long as short |
KuCoin BABAUSDTM
Lighter RH BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA