Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin+0.077%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.077%, 7d avg +0.014%
=Together, before fees−0.191%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.014%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.87 | 0.0100 | pay 0.0100% / 8h | 32m 06s | $608K | $383K | 20x |
| Short | Lighter RH BABA | 116.96 | 0.0032 | get 0.0004% / 1h | 32m 06s | $435K | $503K | 10x |
KuCoin BABAUSDTM
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.077% → +0.014%
- $6.32
- Slippage, 4 orders
- −$112.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$132.09
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter RH: live order book, 5 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, 2 min ago | 18.41 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 3.00 bp | 3.4 bp −$3 | 10.6 bp −$106 | 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 | 116.93 | +0.053% | $68K | $37K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.03 | +0.137% | $2.1M | $718K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.00 | +0.111% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.97 | +0.086% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.97 | +0.086% | $777 | $3.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.00 | +0.111% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0017% | 8h | 116.74 | −0.111% | $2K | $189K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.04 | +0.145% | $372K | $72K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 116.96 | +0.077% | $435K | $503K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.881% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0040% | 8h | 116.74 | −0.114% | $336K | $779K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.76 | −0.094% | $70K | $140K | 10x | as long as short |
| QFEX BABA-USD | +0.0044% | 1h | 116.94 | +0.060% | $1.3M | $3.0M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.92 | +0.043% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.92 | +0.043% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.90 | +0.026% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.93 | +0.051% | $229K | $428K | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.87 | long leg | $608K | $383K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.98 | +0.094% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0103% | 8h | 117.00 | +0.115% | $15.2M | $32.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0104% | 1h | 116.94 | +0.059% | $47K | $312K | 10x | as long as short |
| Phoenix BABA | +0.0205% | 1h | 116.69 | −0.154% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
QFEX BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA