Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.016%
Price spread now: Ondo Perps against Lighter−0.189%7-day average −0.193% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.189%, 7d avg −0.193%
=Together, before fees−0.140%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.193%, 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 | Lighter BABA | 116.47 | 0.0112 | pay 0.0014% / 1h | 35m 59s | $385K | $49K | 10x |
| Short | Ondo Perps BABA-USD.P | 116.25 | 0.0050 | get 0.0006% / 1h | 35m 59s | $243K | $352K | 10x |
Lighter BABA
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter. 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
- −$12.94
- Price spread: −0.189% → −0.193%
- $0.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.54
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 34 min ago; Ondo Perps: no order-book sample. 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 Lighter live order book, 34 min ago | 9.89 bp | 9.9 bp −$10 | 11.9 bp −$119 | 57.5 bp −$5,750 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 116.25 | −0.189% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.25 | −0.189% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.25 | −0.189% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.25 | −0.189% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.23 | −0.206% | $810 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.38 | −0.077% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.27 | −0.172% | $446K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.541% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.22 | −0.215% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.22 | −0.215% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0048% | 8h | 116.30 | −0.145% | $300K | $620K | — | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.17 | −0.258% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.25 | −0.189% | $243K | $352K | 10x | |
| GRVT BABA_USDT_Perp | +0.0068% | 8h | 116.30 | −0.149% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.22 | −0.215% | $602K | $597K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.23 | −0.206% | $2K | $1K | 10x | as long as short |
| Lighter BABAlong | +0.0112% | 1h | 116.47 | long leg | $385K | $49K | 10x | |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.23 | −0.206% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0129% | 8h | 116.25 | −0.189% | $15.3M | $21.4M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0154% | 1h | 116.22 | −0.215% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | −0.112% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.27 | −0.172% | $78K | $94K | 10x | as long as short |
Variational Omni BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD