Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.024%
Price spread now: Ondo Perps against GRVT−0.483%7-day average −0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.385%+$39 · spread now −0.483%, 7d avg −0.126%
=Together, before fees+0.407%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.357% cheaper against GRVT than usual: you would sell low and buy high (spread −0.483% now, against its 7-day average of −0.126%). If the spread goes back, that is −$36 on $10k: about 24 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.021% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BABA_USDT_Perp | 118.82 | 0 | get 0.0000% / 8h | 4h 43m | $3K | $217K | 10x |
| Short | Ondo Perps BABA-USD.P | 118.25 | 0.0050 | get 0.0006% / 1h | 43m 17s | $241K | $403K | 10x |
GRVT BABA_USDT_Perp
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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: −0.483% → −0.126%
- −$35.66
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$39.07
- Costs to cover
- 0.140%
- Break-even
- 32.8 days
Slippage unknown: GRVT: live order book, 14 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 GRVT live order book, 14 min ago | 2.93 bp | 10.5 bp −$11 | 22.9 bp −$229 | 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 | 118.74 | −0.068% | $72K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.60 | −0.189% | $2.2M | $647K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.60 | −0.189% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perplong | 0.0000% | 8h | 118.82 | long leg | $3K | $217K | 10x | |
| SunX BABA-USDT | 0.0000% | 8h | 118.59 | −0.197% | $815 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.84 | +0.013% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.57 | −0.214% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.57 | −0.214% | $427K | $495K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.511% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.67 | −0.130% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH 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 | 118.56 | −0.222% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.43 | −0.332% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.50 | −0.273% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.25 | −0.483% | $241K | $403K | 10x | |
| Variational Omni BABA | +0.0058% | 8h | 118.76 | −0.056% | $267K | $658K | — | as long as short |
| QFEX BABA-USD | +0.0068% | 1h | 118.53 | −0.247% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.56 | −0.222% | $618K | $496K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.56 | −0.222% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.57 | −0.215% | $43K | $360K | 10x | as long as short |
| Binance BABAUSDT | +0.0131% | 8h | 118.58 | −0.201% | $15.6M | $29.9M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.75 | −0.062% | $67K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0928% | 8h | 118.57 | −0.214% | $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