Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.028%
Price spread now: Gate against Ondo Perps+0.310%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.310%, 7d avg +0.102%
=Together, before fees−0.188%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.208% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.310% now, against its 7-day average of +0.102%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.037% in total) that is about 39 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.14 | 0.0050 | pay 0.0006% / 1h | 0m 39s | $243K | $354K | 10x |
| Short | Gate BABA_USDT | 116.50 | 0 | get 0.0000% / 8h | 0m 39s | $1.4M | $1.7M | 50x |
Ondo Perps BABA-USD.P
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.310% → +0.102%
- $20.83
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$9.76
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Gate: 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 Gate live order book, 2 min ago | 3.87 bp | 12.3 bp −$12 | 82.7 bp −$827 | 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 | 116.40 | +0.227% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.48 | +0.293% | $2.2M | $600K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.50 | +0.310% | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.51 | +0.319% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.52 | +0.327% | $740 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.49 | +0.301% | $37K | $2K | 20x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.43 | +0.250% | $444K | $593K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.258% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.32 | +0.155% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.42 | +0.241% | $1.2M | $5.2M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERP
QFEX BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.39 | +0.215% | $10K | $265K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.14 | long leg | $243K | $354K | 10x | |
| Lighter BABA | +0.0072% | 1h | 116.57 | +0.370% | $385K | $50K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.41 | +0.232% | $604K | $568K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.49 | +0.301% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0102% | 1h | 116.43 | +0.250% | $12.1M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0132% | 8h | 116.51 | +0.318% | $301K | $619K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0135% | 8h | 116.48 | +0.294% | $2K | $245K | 10x | as long as short |
| Binance BABAUSDT | +0.0207% | 8h | 116.51 | +0.319% | $15.4M | $22.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0208% | 1h | 116.49 | +0.299% | $42K | $383K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.48 | +0.293% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.49 | +0.301% | $75K | $101K | 10x | as long as short |
Polymarket Perps BABA-USD
Lighter BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Variational Omni BABA
GRVT BABA_USDT_Perp
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Arcus BABA-USD