Funding you earn now, next payment 09:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.021%
Price spread now: Orderly against Lighter RH+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread 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 | 117.30 | 0.0032 | pay 0.0004% / 1h | 37m 21s | $436K | $494K | 10x |
| Short | Orderly PERP_BABA_USDC_mythos | 117.33 | 0.0100 | get 0.0100% / 8h | 7h 37m | $2K | $798 | 10x |
Lighter RH BABA
Orderly PERP_BABA_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.026% → 0.000%
- $2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.84
- Costs to cover
- 0.060%
- Break-even
- 1.7 days
Slippage unknown: Lighter RH: live order book, 60 min ago; Orderly: 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, 60 min ago | 3.00 bp | 3.6 bp −$4 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 117.13 | −0.145% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.28 | −0.017% | $2.1M | $727K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.32 | +0.017% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.28 | −0.017% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.32 | +0.017% | $849 | $2.8M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.39 | +0.077% | $374K | $71K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 117.30 | long leg | $436K | $494K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.245% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.24 | −0.051% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.25 | −0.043% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Injective BABA/USDC PERP
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.19 | −0.094% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.28 | −0.017% | $232K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.25 | −0.043% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.18 | −0.102% | $612K | $406K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythosshort | +0.0100% | 8h | 117.33 | +0.026% | $2K | $798 | 10x | |
| tradeXYZ xyz:BABA | +0.0119% | 1h | 117.26 | −0.034% | $12.0M | $4.6M | 10x | as long as short |
| HTX BABA-USDT | +0.0138% | 8h | 117.37 | +0.060% | $30K | $19K | 20x | as long as short |
| Variational Omni BABA | +0.0144% | 8h | 117.33 | +0.026% | $337K | $722K | — | as long as short |
| Binance BABAUSDT | +0.0200% | 8h | 117.33 | +0.026% | $15.3M | $31.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 117.30 | −0.001% | $47K | $312K | 10x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.27 | −0.026% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0553% | 8h | 117.32 | +0.017% | $3K | $183K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
tradeXYZ xyz:BABA
HTX BABA-USDT
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
GRVT BABA_USDT_Perp