Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.126%
Price spread now: Ondo Perps against Arcus−0.354%7-day average −0.095% · 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)−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.354%, 7d avg −0.095%
=Together, before fees+0.133%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.259% cheaper against Arcus than usual: you would sell low and buy high (spread −0.354% now, against its 7-day average of −0.095%). If the spread goes back, that is −$26 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BABA-USD | 118.67 | 0.0040 | pay 0.0005% / 1h | 42m 52s | $72K | $109K | 10x |
| Short | Ondo Perps BABA-USD.P | 118.25 | 0.0050 | get 0.0006% / 1h | 42m 52s | $241K | $403K | 10x |
Arcus BABA-USD
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.13
- Price spread: −0.354% → −0.095%
- −$25.89
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$33.26
- Costs to cover
- 0.095%
- Break-even
- 116.5 days
Slippage unknown: Arcus: live order book, 6 min ago; Ondo Perps: 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 Arcus live order book, 6 min ago | 4.63 bp | 12.2 bp −$12 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 118.73 | +0.054% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.58 | −0.076% | $2.2M | $647K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.61 | −0.051% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.82 | +0.130% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.59 | −0.067% | $815 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.84 | +0.143% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.53 | −0.118% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.46 | −0.177% | $427K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.385% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USDlong | +0.0040% | 1h | 118.67 | long leg | $72K | $109K | 10x |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.56 | −0.093% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.39 | −0.236% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.50 | −0.143% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.25 | −0.354% | $241K | $403K | 10x | |
| Variational Omni BABA | +0.0058% | 8h | 118.76 | +0.074% | $267K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.53 | −0.118% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.54 | −0.110% | $618K | $495K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.56 | −0.093% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.57 | −0.084% | $43K | $360K | 10x | as long as short |
| Binance BABAUSDT | +0.0131% | 8h | 118.55 | −0.101% | $15.6M | $29.9M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.75 | +0.067% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0928% | 8h | 118.55 | −0.101% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT