Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Lighter−0.059%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.059%, 7d avg −0.149%
=Together, before fees−0.297%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.090% dearer against Lighter than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.149%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BABA | 118.50 | 0.0032 | pay 0.0004% / 1h | 43m 19s | $377K | $73K | 10x |
| Short | Lighter RH BABA | 118.43 | 0.0032 | get 0.0004% / 1h | 43m 19s | $438K | $507K | 10x |
Lighter BABA
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Lighter. 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
- Price spread: −0.059% → −0.149%
- $9.04
- Slippage, 4 orders
- −$53.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$44.55
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; Lighter RH: live order book, 9 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 Lighter live order book, 1 min ago | 7.59 bp | 14.7 bp −$15 | 17.6 bp −$176 | 63.1 bp −$6,308 | doesn't fit |
| Sell Lighter RH live order book, 9 min ago | 1.69 bp | 2.6 bp −$3 | 9.5 bp −$95 | 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 | 118.26 | −0.199% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.43 | −0.059% | $2.1M | $704K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.44 | −0.051% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.46 | −0.034% | $479 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.22 | −0.236% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0001% | 8h | 118.34 | −0.133% | $3K | $193K | 10x | as long as short |
| Lighter BABAlong | +0.0032% | 1h | 118.50 | long leg | $377K | $73K | 10x | |
| Lighter RH BABAshort | +0.0032% | 1h | 118.43 | −0.059% | $438K | $507K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.245% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.28 | −0.186% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Injective BABA/USDC PERP
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 | 118.40 | −0.084% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.35 | −0.127% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.38 | −0.101% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.21 | −0.245% | $238K | $406K | 10x | as long as short |
| Variational Omni BABA | +0.0051% | 8h | 118.32 | −0.148% | $266K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.41 | −0.076% | $1.2M | $4.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.21 | −0.245% | $616K | $459K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.42 | −0.068% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.41 | −0.078% | $43K | $358K | 10x | as long as short |
| Binance BABAUSDT | +0.0136% | 8h | 118.44 | −0.051% | $15.7M | $30.6M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.40 | −0.084% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0342% | 8h | 118.40 | −0.084% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT