Funding you earn now, next payment 03:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter RH against Injective+2.901%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 2.901% dearer against Injective than usual: you sell high and buy low, +$290 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 26m 19s | $11K | $26K | 12x |
| Short | Lighter RH BABA | 119.20 | 0.0032 | get 0.0004% / 1h | 26m 19s | $429K | $507K | 10x |
Injective BABA/USDC PERP
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- −$0.28
- Price spread: +2.901% → 0.000%
- $290.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $289.76
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 36 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 36 min ago | 3.38 bp | 3.7 bp −$4 | 9.2 bp −$92 | doesn't fit | doesn't fit |
Injective: 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 | 119.30 | +2.991% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.32 | +3.004% | $2.2M | $642K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.31 | +2.996% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 120.29 | +3.841% | $3K | $218K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.25 | +2.944% | $863 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.97 | +3.565% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.23 | +2.926% | $380K | $72K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 119.20 | +2.901% | $429K | $507K | 10x | |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 119.58 | +3.229% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.38 | +3.056% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.13 | +2.840% | $12.0M | $3.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.14 | +2.849% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.25 | +2.944% | $238K | $396K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.28 | +2.970% | $1.2M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.34 | +3.021% | $622K | $513K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.29 | +2.978% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0101% | 8h | 119.88 | +3.484% | $270K | $658K | — | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 119.23 | +2.923% | $44K | $368K | 10x | as long as short |
| Binance BABAUSDT | +0.0153% | 8h | 119.27 | +2.961% | $16.0M | $27.7M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 120.05 | +3.634% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0902% | 8h | 119.29 | +2.978% | $2.5M | $1.5M | 20x | as long as short |
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
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT