Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.012%
Price spread now: Lighter against Aster−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BABAUSDT | 117.02 | 0 | get 0.0000% / 8h | 1h 01m | $68K | $36K | 20x |
| Short | Lighter BABA | 117.01 | 0.0032 | get 0.0004% / 1h | 1m 27s | $372K | $72K | 10x |
Aster BABAUSDT
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: −0.005% → 0.000%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.74
- Costs to cover
- 0.080%
- Break-even
- 8.8 days
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 33 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 33 min ago | 10.67 bp | 29.5 bp −$29 | 32.8 bp −$328 | 79.0 bp −$7,896 | doesn't fit |
Aster: 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 BABAUSDTlong | 0.0000% | 8h | 117.02 | long leg | $68K | $36K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 116.95 | −0.056% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.94 | −0.064% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.99 | −0.022% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.95 | −0.056% | $799 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.99 | −0.022% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0017% | 8h | 116.96 | −0.047% | $2K | $192K | 10x | as long as short |
| Lighter BABAshort | +0.0032% | 1h | 117.01 | −0.005% | $372K | $72K | 10x | |
| Lighter RH BABA | +0.0032% | 1h | 116.91 | −0.090% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.004% | $11K | $26K | 12x | as long as short |
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter RH 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 | 116.89 | −0.107% | $71K | $110K | 10x | as long as short |
| Variational Omni BABA | +0.0042% | 8h | 116.95 | −0.052% | $364K | $747K | — | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.93 | −0.073% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.85 | −0.141% | $11.7M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.86 | −0.133% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.88 | −0.116% | $229K | $427K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.94 | −0.064% | $1.3M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.92 | −0.082% | $608K | $381K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.94 | −0.064% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0110% | 8h | 116.91 | −0.090% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.90 | −0.095% | $44K | $293K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.92 | −0.082% | $65K | $89K | 10x | as long as short |
Arcus BABA-USD
Variational Omni BABA
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA