Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate−0.078%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.078%, 7d avg −0.061%
=Together, before fees−0.088%+ Points / potential airdropLighter RH: Points live · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, 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 | Gate BABA_USDT | 115.97 | 0 | get 0.0000% / 8h | 1h 45m | $1.4M | $1.7M | 50x |
| Short | Lighter RH BABA | 115.88 | 0.0032 | get 0.0004% / 1h | 45m 39s | $445K | $590K | 10x |
Gate BABA_USDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Gate. 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: −0.078% → −0.061%
- −$1.65
- Slippage, 4 orders
- −$24.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$34.19
- Costs to cover
- 0.393%
- Break-even
- 42.6 days
Slippage from Gate: live order book, 2 min ago; Lighter RH: live order book, 37 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 Gate live order book, 2 min ago | 3.45 bp | 18.9 bp −$19 | 110.8 bp −$1,108 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 37 min ago | 3.02 bp | 3.6 bp −$4 | 10.5 bp −$105 | 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 | 116.00 | +0.026% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.99 | +0.017% | $2.2M | $614K | 25x | as long as short |
| Gate BABA_USDTlong | 0.0000% | 8h | 115.97 | long leg | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 115.95 | −0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.96 | −0.013% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 115.97 | 0.000% | $3K | $261K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 115.98 | +0.009% | $942 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.01 | +0.034% | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0008% | 1h | 115.95 | −0.017% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0011% | 8h | 115.98 | +0.009% | $15.3M | $21.1M | 20x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Extended BABA_24_5-USD
Binance BABAUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.07 | +0.086% | $384K | $49K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 115.88 | −0.078% | $445K | $590K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.112% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 115.95 | −0.017% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.89 | −0.069% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.91 | −0.052% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.85 | −0.103% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.75 | −0.190% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.88 | −0.078% | $601K | $653K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.94 | −0.026% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 115.93 | −0.034% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 115.95 | −0.017% | $79K | $93K | 10x | as long as short |
Lighter BABA
Injective BABA/USDC PERP
QFEX 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
Phoenix BABA
Arcus BABA-USD