Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against KuCoin−0.043%105s7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.043%, 7d avg −0.028%
=Together, before fees−0.076%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 105 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 | KuCoin BABAUSDTM | 117.24 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $610K | $409K | 20x |
| Short | Ondo Perps BABA-USD.P | 117.19 | 0.0050 | get 0.0006% / 1h | 48m 48s | $225K | $418K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against KuCoin. 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
- −$10.42
- Price spread: −0.043% → −0.028%
- −$1.45
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$28.87
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 70 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 KuCoin live order book, 70 min ago | 22.87 bp | 80.5 bp −$81 | doesn't fit | 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 | 117.40 | +0.139% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.27 | +0.026% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.29 | +0.043% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.27 | +0.026% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.28 | +0.034% | $732 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.32 | +0.068% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.37 | +0.111% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.26 | +0.017% | $435K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.194% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.24 | 0.000% | $71K | $110K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.30 | +0.051% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.22 | −0.017% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.20 | −0.034% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 117.19 | −0.043% | $225K | $418K | 10x | |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 117.30 | +0.051% | $2K | $193K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.26 | +0.017% | $1.2M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0087% | 8h | 117.27 | +0.022% | $264K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 117.24 | long leg | $610K | $409K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.25 | +0.009% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 117.25 | +0.010% | $44K | $352K | 10x | as long as short |
| Binance BABAUSDT | +0.0152% | 8h | 117.28 | +0.033% | $15.3M | $32.0M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 117.32 | +0.068% | $66K | $89K | 10x | as long as short |
KuCoin BABAUSDTM
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA