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

BABA

RWAall BABA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABAUSDTM117.690.0100pay 0.0100% / 8h2h 10m$612K$422K20x
ShortLighter RH BABA117.700.0032get 0.0004% / 1h10m 19s$437K$514K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 49 min ago22.87 bp80.5 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 37 min ago1.69 bp2.3 bp −$214.0 bp −$140doesn't fitdoesn't fit

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%8h117.93+0.202%$69K$36K20xas long as short
Bybit BABAUSDT0.0000%8h117.63−0.051%$2.1M$721K25xas long as short
Gate BABA_USDT0.0000%8h117.78+0.076%$1.5M$2.0M50xas long as short
Bitget BABAUSDT0.0000%8h117.79+0.085%$2.4M$1.8M20xas long as short
SunX BABA-USDT0.0000%8h117.73+0.034%$821$3.4M20xas long as short
HTX BABA-USDT0.0000%8h117.73+0.034%$30K$18K20xas long as short
Lighter BABA+0.0032%1h117.79+0.085%$375K$73K10xas long as short
Lighter RH BABAshort+0.0032%1h117.70+0.008%$437K$514K10x
Injective BABA/USDC PERP+0.0033%1h115.84−1.572%$11K$26K12xas long as short
Arcus BABA-USD+0.0040%1h117.64−0.042%$71K$110K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BABA-USD-PERP+0.0046%1h117.78+0.076%$19K10xas long as short
tradeXYZ xyz:BABA+0.0050%1h117.70+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%1h117.67−0.017%$240K$405K10xas long as short
QFEX BABA-USD+0.0073%1h117.78+0.076%$1.2M$3.3M10xas long as short
GRVT BABA_USDT_Perp+0.0084%8h117.63−0.047%$3K$193K10xas long as short
KuCoin BABAUSDTMlong+0.0100%8h117.69long leg$612K$422K20x
Orderly PERP_BABA_USDC_mythos+0.0100%8h117.77+0.068%$2K$79810xas long as short
Variational Omni BABA+0.0109%8h117.76+0.063%$265K$658Kas long as short
Extended BABA_24_5-USD+0.0176%1h117.73+0.030%$44K$355K10xas long as short
Binance BABAUSDT+0.0178%8h117.64−0.042%$15.6M$31.6M20xas long as short
Phoenix BABA+0.0271%1h117.55−0.119%$66K$90K10xas long as short