Funding you earn now, next payment 11:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Injective against Lighter RH−2.957%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 2.957% cheaper against Lighter RH than usual: you would sell low and buy high, −$296 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 119.37 | 0.0032 | pay 0.0004% / 1h | 3m 05s | $404K | $564K | 10x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 3m 05s | $11K | $26K | 12x |
Lighter RH BABA
Injective BABA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Lighter RH. 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
- $0.28
- Price spread: −2.957% → 0.000%
- −$295.72
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$295.46
- Costs to cover
- 0.000%
- Break-even
- 7393.8 days
Slippage unknown: Lighter RH: live order book, 42 min ago; Injective: no order-book sample. Net counts fees only.
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 RH live order book, 42 min ago | 2.93 bp | 3.4 bp −$3 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BABA on 22 exchanges
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 | 119.32 | −0.038% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.43 | +0.050% | $2.1M | $734K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.46 | +0.075% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.43 | +0.050% | $2.3M | $2.2M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.28 | −0.075% | $3K | $184K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.44 | +0.059% | $902 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.48 | +0.092% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.39 | +0.017% | $1.3M | $2.8M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.47 | +0.084% | $383K | $74K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 119.37 | long leg | $404K | $564K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABAShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −2.957% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 119.33 | −0.034% | $71K | $104K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.44 | +0.059% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.38 | +0.008% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.37 | 0.000% | $9K | $167K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.21 | −0.134% | $181K | $483K | 10x | as long as short |
| Variational Omni BABA | +0.0093% | 8h | 119.23 | −0.114% | $312K | $694K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.25 | −0.101% | $622K | $565K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.39 | +0.017% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0125% | 8h | 119.44 | +0.059% | $15.1M | $34.4M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 119.40 | +0.026% | $24K | $334K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.28 | −0.075% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA