Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Lighter RH+0.094%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.094%, 7d avg +0.151%
=Together, before fees+0.253%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.057% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.151%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 116.41 | 0.0032 | pay 0.0004% / 1h | 13m 49s | $446K | $591K | 10x |
| Short | Lighter BABA | 116.52 | 0.0088 | get 0.0011% / 1h | 13m 49s | $385K | $50K | 10x |
Lighter RH BABA
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $11.76
- Price spread: +0.094% → +0.151%
- −$5.69
- Slippage, 4 orders
- −$29.49
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.42
- Costs to cover
- 0.295%
- Break-even
- 20.9 days
Slippage from Lighter RH: live order book, 63 min ago; Lighter: live order book, 56 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, 63 min ago | 1.72 bp | 2.6 bp −$3 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 min ago | 9.89 bp | 14.5 bp −$15 | 31.0 bp −$310 | 81.6 bp −$8,160 | 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 | 116.37 | −0.038% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.40 | −0.009% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.41 | 0.000% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.37 | −0.034% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.39 | −0.017% | $1K | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.41 | 0.000% | $37K | $2K | 20x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 116.41 | long leg | $446K | $591K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.490% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.30 | −0.094% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.40 | −0.009% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.34 | −0.060% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.09 | −0.275% | $243K | $353K | 10x | as long as short |
| Lighter BABAshort | +0.0088% | 1h | 116.52 | +0.094% | $385K | $50K | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.35 | −0.052% | $604K | $581K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.39 | −0.017% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0114% | 1h | 116.33 | −0.069% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0122% | 8h | 116.45 | +0.033% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0129% | 8h | 116.44 | +0.023% | $2K | $246K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 116.38 | −0.028% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0204% | 8h | 116.40 | −0.009% | $15.4M | $21.9M | 20x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.39 | −0.017% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.39 | −0.017% | $76K | $98K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Arcus BABA-USD