Funding you earn now, next payment 01:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.050%
Price spread now: Extended against Ondo Perps+0.095%7-day average +0.081% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.095%, 7d avg +0.081%
=Together, before fees−0.012%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.69 | 0.0050 | pay 0.0006% / 1h | 5m 59s | $234K | $353K | 10x |
| Short | Extended BABA_24_5-USD | 116.80 | 0.0200 | get 0.0025% / 1h | 5m 59s | $46K | $365K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $31.42
- Price spread: +0.095% → +0.081%
- $1.41
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $22.82
- Costs to cover
- 0.100%
- Break-even
- 1.9 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 66 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 Extended live order book, 66 min ago | 3.01 bp | 12.6 bp −$13 | 142.6 bp −$1,426 | 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 | 116.70 | +0.010% | $76K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.80 | +0.094% | $2.2M | $580K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.81 | +0.103% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.83 | +0.120% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.78 | +0.074% | $3K | $233K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.82 | +0.111% | $676 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.82 | +0.111% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.96 | +0.231% | $387K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.81 | +0.103% | $422K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.728% | $11K | $26K | 12x | 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 | 116.79 | +0.086% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.77 | +0.069% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.72 | +0.026% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.69 | long leg | $234K | $353K | 10x | |
| QFEX BABA-USD | +0.0072% | 1h | 116.78 | +0.077% | $1.2M | $5.0M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.68 | −0.009% | $606K | $540K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.80 | +0.094% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0140% | 8h | 116.80 | +0.097% | $302K | $619K | — | as long as short |
| Binance BABAUSDT | +0.0196% | 8h | 116.84 | +0.132% | $15.4M | $22.3M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0200% | 1h | 116.80 | +0.095% | $46K | $365K | 10x | |
| Phoenix BABA | +0.0343% | 1h | 116.81 | +0.103% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.75 | +0.051% | $73K | $102K | 10x | as long as short |
Extended BABA_24_5-USD
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 PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA