Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Aster against Ondo Perps+0.053%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.053% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 118.12 | 0.0050 | pay 0.0006% / 1h | 41m 02s | $235K | $377K | 10x |
| Short | Aster BABAUSDT | 118.18 | 0 | get 0.0000% / 8h | 5h 41m | $78K | $27K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Ondo Perps. 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: +0.053% → 0.000%
- $5.33
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$18.26
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Ondo Perps and Aster: 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 BABAUSDTshort | 0.0000% | 8h | 118.18 | +0.053% | $78K | $27K | 20x | |
| Bybit BABAUSDT | 0.0000% | 8h | 118.35 | +0.195% | $2.2M | $581K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.29 | +0.144% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.23 | +0.093% | $3K | $220K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.29 | +0.144% | $685 | $3.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.32 | +0.169% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.36 | +0.203% | $390K | $46K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.20 | +0.068% | $428K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.930% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.13 | +0.008% | $72K | $109K | 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 | 118.25 | +0.110% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.23 | +0.093% | $12.1M | $3.6M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.20 | +0.068% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 118.12 | long leg | $235K | $377K | 10x | |
| QFEX BABA-USD | +0.0061% | 1h | 118.23 | +0.093% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0092% | 8h | 118.27 | +0.129% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.18 | +0.051% | $615K | $517K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.26 | +0.119% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0159% | 8h | 118.29 | +0.144% | $15.6M | $24.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 118.25 | +0.112% | $46K | $365K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.17 | +0.042% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0357% | 8h | 118.29 | +0.144% | $2.5M | $1.3M | 20x | as long as short |
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 PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT