BABA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Gate against Lighter RH+0.076%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.368% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.076%, 7d avg +0.064%

Together, before fees+0.079%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH BABA	118.53	0.0032	pay 0.0004% / 1h	40m 15s	$427K	$495K	10x
Short	Gate BABA_USDT	118.62	0	get 0.0000% / 8h	4h 40m	$1.5M	$1.9M	50x

Funding history

latest

Range statsloading…

Gate against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Lighter RHbpFee GatebpOrdersPrice spread, now +0.076%Rate

Slippage from Lighter RH: live order book, 17 min ago; Gate: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 17 min ago	3.35 bp	3.6 bp −$4	14.6 bp −$146	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.79 bp	14.6 bp −$15	144.4 bp −$1,444	doesn't fit	doesn't fit

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	118.73	+0.168%	$70K	$35K	20x	as long as short
Bybit BABAUSDT	0.0000%	8h	118.69	+0.135%	$2.2M	$647K	25x	as long as short
Gate BABA_USDTshort	0.0000%	8h	118.62	+0.076%	$1.5M	$1.9M	50x
GRVT BABA_USDT_Perp	0.0000%	8h	118.82	+0.248%	$3K	$217K	10x	as long as short
SunX BABA-USDT	0.0000%	8h	118.63	+0.084%	$585	$3.6M	20x	as long as short
HTX BABA-USDT	0.0000%	8h	118.73	+0.169%	$30K	$18K	20x	as long as short
Lighter BABA	+0.0032%	1h	118.61	+0.067%	$377K	$73K	10x	as long as short
Lighter RH BABAlong	+0.0032%	1h	118.53	long leg	$427K	$495K	10x
Injective BABA/USDC PERP	+0.0033%	1h	115.84	−2.269%	$11K	$26K	12x	as long as short
Arcus BABA-USD	+0.0040%	1h	118.60	+0.059%	$72K	$109K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BABA-USD-PERP	+0.0046%	1h	118.55	+0.017%	—	$19K	10x	as long as short
tradeXYZ xyz:BABA	+0.0050%	1h	118.51	−0.017%	$11.9M	$4.1M	10x	as long as short
Polymarket Perps BABA-USD	+0.0050%	1h	118.56	+0.025%	$9K	$266K	10x	as long as short
Ondo Perps BABA-USD.P	+0.0050%	1h	118.25	−0.236%	$241K	$403K	10x	as long as short
Variational Omni BABA	+0.0060%	8h	118.65	+0.100%	$267K	$658K	—	as long as short
QFEX BABA-USD	+0.0068%	1h	118.57	+0.034%	$1.2M	$4.3M	10x	as long as short
KuCoin BABAUSDTM	+0.0100%	8h	118.55	+0.017%	$617K	$495K	20x	as long as short
Orderly PERP_BABA_USDC_mythos	+0.0100%	8h	118.59	+0.051%	$2K	$798	10x	as long as short
Extended BABA_24_5-USD	+0.0136%	1h	118.59	+0.050%	$43K	$360K	10x	as long as short
Binance BABAUSDT	+0.0137%	8h	118.62	+0.076%	$15.6M	$30.1M	20x	as long as short
Phoenix BABA	+0.0201%	1h	118.49	−0.034%	$66K	$90K	10x	as long as short
Bitget BABAUSDT	+0.0882%	8h	118.61	+0.067%	$2.4M	$1.7M	20x	as long as short