Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.026%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.026%, 7d avg −0.071%
=Together, before fees+0.018%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.045% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 116.83 | 0 | get 0.0000% / 8h | 1h 26m | $646 | $3.3M | 20x |
| Short | Lighter RH BABA | 116.80 | 0.0032 | get 0.0004% / 1h | 26m 09s | $433K | $511K | 10x |
SunX BABA-USDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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
- $6.72
- Price spread: −0.026% → −0.071%
- $4.52
- Slippage, 4 orders
- −$128.08
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$124.84
- Costs to cover
- 1.361%
- Break-even
- 137.0 days
Slippage from SunX: live order book, 12 min ago; Lighter RH: live order book, 16 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 SunX live order book, 12 min ago | 46.59 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 16 min ago | 2.56 bp | 3.2 bp −$3 | 9.4 bp −$94 | 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 | 116.95 | +0.101% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.80 | −0.026% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.84 | +0.009% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.84 | +0.009% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 116.83 | long leg | $646 | $3.3M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.80 | −0.026% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0029% | 8h | 116.70 | −0.111% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.83 | 0.000% | $372K | $72K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.80 | −0.026% | $433K | $511K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.847% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.73 | −0.086% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.79 | −0.034% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.77 | −0.051% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.74 | −0.077% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.61 | −0.188% | $227K | $420K | 10x | as long as short |
| Variational Omni BABA | +0.0057% | 8h | 116.66 | −0.142% | $362K | $752K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.79 | −0.034% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.81 | −0.017% | $608K | $392K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.82 | −0.009% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0125% | 8h | 116.83 | −0.003% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 116.80 | −0.028% | $43K | $304K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.69 | −0.120% | $65K | $89K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA