Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.101%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.101%, 7d avg −0.042%
=Together, before fees+0.099%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.059% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.042%). If the spread goes back, that is −$6 on $10k: about 11 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 | Lighter RH BABA | 118.41 | 0.0032 | pay 0.0004% / 1h | 17m 47s | $436K | $506K | 10x |
| Short | Ondo Perps BABA-USD.P | 118.29 | 0.0050 | get 0.0006% / 1h | 17m 47s | $242K | $405K | 10x |
Lighter RH BABA
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- $3.86
- Price spread: −0.101% → −0.042%
- −$5.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.05
- Costs to cover
- 0.050%
- Break-even
- 19.8 days
Slippage unknown: Lighter RH: live order book, 40 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 Lighter RH live order book, 40 min ago | 3.35 bp | 3.6 bp −$4 | 14.6 bp −$146 | 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 | 118.46 | +0.046% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.48 | +0.059% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.45 | +0.034% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.43 | +0.017% | $812 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.51 | +0.084% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0023% | 8h | 118.55 | +0.118% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.47 | +0.051% | $377K | $73K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 118.41 | long leg | $436K | $506K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.170% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.41 | 0.000% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | 118.48 | +0.059% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.35 | −0.051% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.35 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.29 | −0.101% | $242K | $405K | 10x | |
| QFEX BABA-USD | +0.0068% | 1h | 118.38 | −0.025% | $1.2M | $4.2M | 10x | as long as short |
| Variational Omni BABA | +0.0077% | 8h | 118.43 | +0.019% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.36 | −0.042% | $616K | $483K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.42 | +0.008% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0149% | 8h | 118.46 | +0.046% | $15.8M | $30.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 118.43 | +0.013% | $44K | $358K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.43 | +0.017% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0589% | 8h | 118.44 | +0.025% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT