Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter RH−0.034%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1581.577% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.034%, 7d avg −0.013%
=Together, before fees+0.160%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.022% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 25 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 116.39 | 0.0032 | pay 0.0004% / 1h | 45m 45s | $444K | $479K | 10x |
| Short | KuCoin BABAUSDTM | 116.35 | 0.0100 | get 0.0100% / 8h | 7h 45m | $604K | $559K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: −0.034% → −0.013%
- −$2.16
- Slippage, 4 orders
- −$145.68
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$145.56
- Costs to cover
- 1.577%
- Break-even
- 78.4 days
Slippage from Lighter RH: live order book, 27 min ago; KuCoin: live order book, 7 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 RH live order book, 27 min ago | 2.58 bp | 3.4 bp −$3 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 14.18 bp | 73.5 bp −$74 | doesn't fit | 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 | 116.41 | +0.014% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.43 | +0.034% | $2.2M | $583K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.46 | +0.060% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.41 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.46 | +0.060% | $879 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.48 | +0.077% | $37K | $2K | 20x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 116.39 | long leg | $444K | $479K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.473% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.33 | −0.052% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.35 | −0.034% | $12.1M | $3.0M | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BABA_USDT_Perp | +0.0050% | 8h | 116.45 | +0.050% | $2K | $242K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.35 | −0.034% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.31 | −0.069% | $243K | $339K | 10x | as long as short |
| QFEX BABA-USD | +0.0072% | 1h | 116.42 | +0.026% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 116.35 | −0.034% | $604K | $559K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.43 | +0.034% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0145% | 8h | 116.45 | +0.049% | $301K | $619K | — | as long as short |
| Lighter BABA | +0.0160% | 1h | 116.50 | +0.095% | $385K | $49K | 10x | as long as short |
| Binance BABAUSDT | +0.0213% | 8h | 116.46 | +0.061% | $15.4M | $21.6M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0216% | 1h | 116.44 | +0.039% | $42K | $414K | 10x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.32 | −0.060% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.41 | +0.017% | $75K | $101K | 10x | as long as short |
Lighter RH BABA
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
GRVT BABA_USDT_Perp
Polymarket Perps BABA-USD
Variational Omni BABA
Lighter BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA