After costs, if the gap returns to its 7d average, $10k−$75
spread now−0.095%7d average−0.090%fees + slippage, in and out−$75spread needed0.747%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BABA | 115.76 | 0.0032 | pay 0.0004% / 1h | 48m 34s | $382K | $37K | 10x |
| Short | Gate BABA_USDT | 115.65 | 0 | get 0.0000% / 8h | 7h 48m | $1.4M | $1.4M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.5
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$59.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$85.19
- Spread needed to break even
- 0.747%
Slippage from Lighter: live order book, 53 min ago; Gate: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- Average in range /8h
- —
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 Lighter live order book, 53 min ago | 7.41 bp | 23.7 bp −$24 | 26.7 bp −$267 | 73.6 bp −$7,363 | doesn't fit |
| Sell Gate live order book, just now | 2.16 bp | 18.4 bp −$18 | 47.6 bp −$476 | doesn't fit | doesn't fit |
BABA price on every exchange
against the cheapest. Click to use as the short leg.BABA on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BABA | −0.315% | +0.0195% | 8h | $356K | $517K | — | as long as short |
| Ondo Perps BABA-USD.P | −0.311% | +0.0050% | 1h | $304K | $255K | 10x | as long as short |
| Vest BABA-USD-PERP | −0.311% | +0.0046% | 1h | — | $9K | 10x | as long as short |
| Phoenix BABA | −0.294% | +0.0208% | 1h | $78K | $129K | 10x | as long as short |
| Polymarket Perps BABA-USD | −0.259% | +0.0050% | 1h | $6K | $249K | 10x | as long as short |
| Aster BABAUSDT | −0.207% | 0.0000% | 8h | $81K | $14K | 20x | as long as short |
| KuCoin BABAUSDTM | −0.207% | +0.0100% | 8h | $601K | $911K | 20x | as long as short |
| QFEX BABA-USD | −0.199% | +0.0047% | 1h | $1.2M | $4.8M | 10x | as long as short |
| SunX BABA-USDT | −0.199% | 0.0000% | 8h | $672 | $4.1M | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | −0.173% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | −0.164% | +0.0056% | 1h | $12.2M | $2.5M | 10x | as long as short |
| HTX BABA-USDT | −0.155% | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| Extended BABA_24_5-USD | −0.123% | +0.0240% | 1h | $18K | $359K | 10x | as long as short |
| Lighter RH BABA | −0.121% | +0.0032% | 1h | $467K | $414K | 10x | as long as short |
| Arcus BABA-USD | −0.121% | +0.0043% | 1h | $80K | $82K | 10x | as long as short |
| Binance BABAUSDT | −0.118% | +0.0239% | 8h | $15.7M | $18.2M | 20x | as long as short |
| Bitget BABAUSDT | −0.112% | +0.0190% | 8h | $2.7M | $1.2M | 20x | as long as short |
| Bybit BABAUSDT | −0.095% | 0.0000% | 8h | $2.2M | $557K | 25x | as long as short |
| Gate BABA_USDTshort | −0.095% | 0.0000% | 8h | $1.4M | $1.4M | 50x | |
| Lighter BABAlong | 0.000% | +0.0032% | 1h | $382K | $37K | 10x | |
| Injective BABA/USDC PERP | +0.069% | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
Lighter BABA
Gate BABA_USDT
Variational Omni
Phoenix
Polymarket Perps
Aster
KuCoin
SunX
tradeXYZ
HTX
Extended
Lighter RH
Binance
Bitget
Bybit
Injective