Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.018%
Price spread now: Lighter against KuCoin+0.146%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.146%, 7d avg +0.164%
=Together, before fees+0.076%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.164%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.43 | 0.0100 | pay 0.0100% / 8h | 7h 23m | $603K | $545K | 20x |
| Short | Lighter BABA | 116.60 | 0.0032 | get 0.0004% / 1h | 23m 30s | $386K | $50K | 10x |
KuCoin BABAUSDTM
Lighter BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: +0.146% → +0.164%
- −$1.78
- Slippage, 4 orders
- −$175.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$203.98
- Costs to cover
- 1.879%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 30 min ago; Lighter: live order book, 41 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 KuCoin live order book, 30 min ago | 14.18 bp | 77.2 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 41 min ago | 8.58 bp | 23.7 bp −$24 | 29.5 bp −$295 | 76.2 bp −$7,618 | 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 | 116.48 | +0.042% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.53 | +0.086% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.51 | +0.069% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.42 | −0.009% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.47 | +0.037% | $3K | $234K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.48 | +0.043% | $697 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.53 | +0.086% | $37K | $2K | 20x | as long as short |
| Lighter BABAshort | +0.0032% | 1h | 116.60 | +0.146% | $386K | $50K | 10x | |
| Lighter RH BABA | +0.0032% | 1h | 116.46 | +0.026% | $440K | $491K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.507% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.48 | +0.043% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.44 | +0.009% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.39 | −0.034% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.38 | −0.043% | $239K | $342K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.44 | +0.009% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.43 | long leg | $603K | $545K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.48 | +0.043% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0137% | 8h | 116.43 | +0.001% | $301K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0192% | 8h | 116.48 | +0.043% | $15.4M | $21.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.45 | +0.020% | $42K | $437K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.47 | +0.034% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.46 | +0.026% | $75K | $100K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD