Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.208%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1341.343% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.208%, 7d avg −0.073%
=Together, before fees−0.032%+ Points / potential airdropLighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.135% cheaper against SunX than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.073%). If the spread goes back, that is −$14 on $10k: about 14 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 120.08 | 0 | get 0.0000% / 8h | 5h 28m | $555 | $3.5M | 20x |
| Short | Lighter RH BABA | 119.83 | 0.0032 | get 0.0004% / 1h | 28m 27s | $431K | $507K | 10x |
SunX BABA-USDT
Lighter RH BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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
- $6.72
- Price spread: −0.208% → −0.073%
- −$13.52
- Slippage, 4 orders
- −$126.34
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$141.15
- Costs to cover
- 1.343%
- Break-even
- 154.0 days
Slippage from SunX: live order book, 9 min ago; Lighter RH: live order book, 34 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 SunX live order book, 9 min ago | 24.74 bp | 83.5 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 34 min ago | 3.38 bp | 3.7 bp −$4 | 9.2 bp −$92 | 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 | 119.83 | −0.206% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.81 | −0.225% | $2.2M | $642K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.92 | −0.133% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.88 | −0.169% | $3K | $219K | 10x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 120.08 | long leg | $555 | $3.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 120.34 | +0.217% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.92 | −0.133% | $382K | $72K | 10x | as long as short |
| Lighter RH BABAshort | +0.0032% | 1h | 119.83 | −0.208% | $431K | $507K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.531% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.86 | −0.183% | $73K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
HTX BABA-USDT
Lighter BABA
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 | 119.92 | −0.133% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.76 | −0.266% | $12.1M | $3.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.65 | −0.358% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 120.23 | +0.125% | $243K | $395K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.73 | −0.291% | $1.2M | $4.4M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.84 | −0.200% | $623K | $513K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 120.23 | +0.125% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0101% | 8h | 119.88 | −0.170% | $270K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0159% | 8h | 119.72 | −0.298% | $16.1M | $27.2M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 119.81 | −0.227% | $44K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 120.05 | −0.025% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0855% | 8h | 119.73 | −0.291% | $2.5M | $1.5M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT