Funding you earn now, next payment 01:00 UTC+0.0146%/8h= +15.9% APRpaid last 24h +0.057%
Price spread now: Binance against Ondo Perps+0.131%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 2 days (all we have)−0.030%−$3 · spread now +0.131%, 7d avg +0.104%
=Together, before fees+0.022%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.027% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.62 | 0.0050 | pay 0.0006% / 1h | 9m 31s | $234K | $353K | 10x |
| Short | Binance BABAUSDT | 116.77 | 0.0196 | get 0.0196% / 8h | 7h 09m | $15.4M | $22.3M | 20x |
Ondo Perps BABA-USD.P
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $30.56
- Price spread: +0.131% → +0.104%
- $2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $18.28
- Costs to cover
- 0.150%
- Break-even
- 2.8 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 2 min ago. 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 Binance live order book, 2 min ago | 0.43 bp | 5.4 bp −$5 | 16.1 bp −$161 | 95.6 bp −$9,561 | doesn't fit |
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 | 116.73 | +0.093% | $76K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.79 | +0.146% | $2.2M | $583K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.77 | +0.129% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.75 | +0.111% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.74 | +0.106% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.76 | +0.120% | $806 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.89 | +0.232% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.86 | +0.206% | $386K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.74 | +0.103% | $421K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.669% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.77 | +0.129% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.75 | +0.111% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.68 | +0.051% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.62 | long leg | $234K | $353K | 10x | |
| QFEX BABA-USD | +0.0072% | 1h | 116.75 | +0.111% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.63 | +0.009% | $606K | $541K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.79 | +0.146% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0137% | 8h | 116.74 | +0.099% | $302K | $619K | — | as long as short |
| Extended BABA_24_5-USD | +0.0192% | 1h | 116.75 | +0.112% | $46K | $365K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0196% | 8h | 116.77 | +0.131% | $15.4M | $22.3M | 20x | |
| Phoenix BABA | +0.0343% | 1h | 116.81 | +0.163% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.71 | +0.077% | $73K | $102K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Variational Omni BABA
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD