Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.010%
Price spread now: Bitget against Lighter RH+0.017%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.017%, 7d avg +0.101%
=Together, before fees−0.021%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.084% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.101%). If the spread goes back, that is −$8 on $10k: about 6.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 116.83 | 0.0032 | pay 0.0004% / 1h | 16m 31s | $423K | $499K | 10x |
| Short | Bitget BABAUSDT | 116.85 | 0.0078 | get 0.0078% / 8h | 6h 16m | $2.5M | $1.3M | 20x |
Lighter RH BABA
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.66
- Price spread: +0.017% → +0.101%
- −$8.42
- Slippage, 4 orders
- −$31.06
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.82
- Costs to cover
- 0.431%
- Break-even
- 37.3 days
Slippage from Lighter RH: live order book, 51 min ago; Bitget: live order book, 6 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, 51 min ago | 2.14 bp | 2.5 bp −$2 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 4.68 bp | 19.0 bp −$19 | doesn't fit | 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 | 116.97 | +0.120% | $77K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.74 | −0.077% | $2.1M | $556K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.76 | −0.060% | $1.5M | $1.6M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.87 | +0.034% | $731 | $3.8M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.22 | +0.334% | $37K | $2K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0003% | 8h | 117.21 | +0.328% | $3K | $224K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.74 | −0.077% | $384K | $45K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 116.83 | long leg | $423K | $499K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.847% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 116.72 | −0.094% | $1.2M | $4.5M | 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
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.94 | +0.094% | $74K | $100K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.85 | +0.017% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.78 | −0.043% | $12.1M | $3.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.81 | −0.017% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.60 | −0.197% | $239K | $366K | 10x | as long as short |
| Bitget BABAUSDTshort | +0.0078% | 8h | 116.85 | +0.017% | $2.5M | $1.3M | 20x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.76 | −0.060% | $608K | $529K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.88 | +0.043% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0138% | 8h | 117.23 | +0.345% | $264K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.69 | −0.122% | $43K | $366K | 10x | as long as short |
| Binance BABAUSDT | +0.0194% | 8h | 116.76 | −0.057% | $15.6M | $23.5M | 20x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.83 | 0.000% | $65K | $71K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA