Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bybit−0.092%47s7-day average −0.100% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.092%, 7d avg −0.100%
=Together, before fees+0.146%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABAUSDT | 119.02 | 0 | get 0.0000% / 8h | 6h 19m | $2.2M | $704K | 25x |
| Short | Ondo Perps BABA-USD.P | 118.91 | 0.0050 | get 0.0006% / 1h | 19m 48s | $226K | $424K | 10x |
Bybit BABAUSDT
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $10.58
- Price spread: −0.092% → −0.100%
- $0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$4.69
- Costs to cover
- 0.160%
- Break-even
- 10.1 days
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 3.36 bp | 16.3 bp −$16 | 90.0 bp −$900 | 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 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 | 118.96 | −0.053% | $69K | $40K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 119.02 | long leg | $2.2M | $704K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 119.00 | −0.017% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.00 | −0.017% | $2.3M | $2.1M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.99 | −0.025% | $671 | $2.7M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.06 | +0.034% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.08 | +0.050% | $381K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.98 | −0.034% | $433K | $517K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.672% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.04 | +0.017% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.91 | −0.092% | $11.9M | $4.8M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.92 | −0.084% | $8K | $243K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.91 | −0.092% | $226K | $424K | 10x | |
| QFEX BABA-USD | +0.0080% | 1h | 118.98 | −0.034% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.89 | −0.109% | $620K | $488K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.02 | 0.000% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0237% | 8h | 119.00 | −0.016% | $362K | $662K | — | as long as short |
| Phoenix BABA | +0.0271% | 1h | 118.96 | −0.050% | $67K | $88K | 10x | as long as short |
| Binance BABAUSDT | +0.0276% | 8h | 118.98 | −0.034% | $15.1M | $33.2M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0280% | 1h | 118.97 | −0.039% | $46K | $314K | 10x | as long as short |
| Arcus BABA-USD | +0.0335% | 1h | 118.95 | −0.059% | $71K | $135K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0349% | 8h | 118.94 | −0.067% | $3K | $180K | 10x | as long as short |
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Phoenix BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Arcus BABA-USD
GRVT BABA_USDT_Perp