Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.062%
Price spread now: Binance against Lighter RH+0.027%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now +0.027%, 7d avg +0.083%
=Together, before fees+0.354%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.056% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.083%). If the spread goes back, that is −$6 on $10k: about 38 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 118.32 | 0.0032 | pay 0.0004% / 1h | 6m 59s | $438K | $508K | 10x |
| Short | Binance BABAUSDT | 118.35 | 0.0148 | get 0.0148% / 8h | 3h 06m | $15.7M | $30.7M | 20x |
Lighter RH BABA
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- $24.42
- Price spread: +0.027% → +0.083%
- −$5.56
- Slippage, 4 orders
- −$14.56
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.71
- Costs to cover
- 0.246%
- Break-even
- 8.6 days
Slippage from Lighter RH: live order book, 45 min ago; Binance: live order book, 5 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 Lighter RH live order book, 45 min ago | 1.69 bp | 2.7 bp −$3 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.84 bp | 8.9 bp −$9 | 22.0 bp −$220 | 95.8 bp −$9,584 | 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 | 118.36 | +0.034% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.35 | +0.025% | $2.1M | $706K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.37 | +0.042% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.40 | +0.068% | $628 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.144% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0030% | 8h | 118.38 | +0.052% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.44 | +0.101% | $377K | $73K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 118.32 | long leg | $438K | $508K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.096% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.34 | +0.017% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.31 | −0.008% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.21 | −0.093% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.31 | −0.008% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.28 | −0.034% | $238K | $408K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.37 | +0.042% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0067% | 8h | 118.42 | +0.083% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.22 | −0.085% | $615K | $454K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.39 | +0.059% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDTshort | +0.0148% | 8h | 118.35 | +0.027% | $15.7M | $30.7M | 20x | |
| Extended BABA_24_5-USD | +0.0152% | 1h | 118.37 | +0.045% | $43K | $356K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.38 | +0.051% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0243% | 8h | 118.36 | +0.034% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT