Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter RH−0.052%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.052% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 days of funding at the current rate ($0 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 116.39 | 0.0032 | pay 0.0004% / 1h | 45m 39s | $444K | $479K | 10x |
| Short | Vest BABA-USD-PERP | 116.33 | 0.0046 | get 0.0006% / 1h | 45m 39s | — | $9K | 10x |
Lighter RH BABA
Vest BABA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $2.87
- Price spread: −0.052% → 0.000%
- −$5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$4.28
- Costs to cover
- 0.020%
- Break-even
- 17.4 days
Slippage unknown: Lighter RH: live order book, 27 min ago; Vest: 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 RH live order book, 27 min ago | 2.58 bp | 3.4 bp −$3 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | 116.41 | +0.014% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.43 | +0.034% | $2.2M | $583K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.46 | +0.060% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.41 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.46 | +0.060% | $879 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.48 | +0.077% | $37K | $2K | 20x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 116.39 | long leg | $444K | $479K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.473% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERPshort | +0.0046% | 1h | 116.33 | −0.052% | — | $9K | 10x | |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.35 | −0.034% | $12.1M | $3.0M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Injective BABA/USDC PERP
tradeXYZ xyz:BABAShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BABA_USDT_Perp | +0.0050% | 8h | 116.45 | +0.050% | $2K | $242K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.35 | −0.034% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.31 | −0.069% | $243K | $339K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.42 | +0.026% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.35 | −0.034% | $604K | $559K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.43 | +0.034% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0145% | 8h | 116.45 | +0.049% | $301K | $619K | — | as long as short |
| Lighter BABA | +0.0160% | 1h | 116.50 | +0.095% | $385K | $49K | 10x | as long as short |
| Binance BABAUSDT | +0.0213% | 8h | 116.46 | +0.061% | $15.4M | $21.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0216% | 1h | 116.44 | +0.039% | $42K | $414K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.32 | −0.060% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.41 | +0.017% | $75K | $101K | 10x | as long as short |
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Lighter BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD