Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bitget against Ondo Perps+0.112%7-day average +0.143% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.112%, 7d avg +0.143%
=Together, before fees−0.086%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.031% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.143%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 115.88 | 0.0050 | pay 0.0006% / 1h | 32m 02s | $249K | $333K | 10x |
| Short | Bitget BABAUSDT | 116.01 | 0 | get 0.0000% / 8h | 2h 32m | $2.5M | $1.3M | 20x |
Ondo Perps BABA-USD.P
Bitget BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.112% → +0.143%
- −$3.05
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.64
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 3.02 bp | 19.0 bp −$19 | 39.4 bp −$394 | doesn't fit | 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 | 115.97 | +0.080% | $73K | $25K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 115.98 | +0.086% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.98 | +0.086% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDTshort | 0.0000% | 8h | 116.01 | +0.112% | $2.5M | $1.3M | 20x | |
| SunX BABA-USDT | 0.0000% | 8h | 115.99 | +0.095% | $583 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.01 | +0.112% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0009% | 8h | 115.97 | +0.074% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.00 | +0.104% | $446K | $595K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.035% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0042% | 1h | 115.98 | +0.086% | $1.2M | $5.0M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
QFEX 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 | 116.02 | +0.121% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.96 | +0.069% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.92 | +0.035% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 115.88 | long leg | $249K | $333K | 10x | |
| Lighter BABA | +0.0072% | 1h | 116.16 | +0.242% | $384K | $51K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0073% | 8h | 116.00 | +0.103% | $3K | $273K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0080% | 1h | 115.98 | +0.084% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0081% | 8h | 115.99 | +0.095% | $15.4M | $21.0M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.91 | +0.026% | $601K | $693K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.00 | +0.104% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0207% | 1h | 116.00 | +0.104% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0643% | 1h | 115.99 | +0.095% | $79K | $93K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Lighter BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA
Arcus BABA-USD