Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Ondo Perps+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.084% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 119.67 | 0.0050 | pay 0.0006% / 1h | 51m 00s | $213K | $446K | 10x |
| Short | HTX BABA-USDT | 119.77 | 0 | get 0.0000% / 8h | 5h 51m | $30K | $19K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.084% → 0.000%
- $8.36
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.23
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; HTX: 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 HTX no order-book sample | — | — | — | — | — |
Ondo Perps and HTX: 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 exchanges
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 | 119.62 | −0.041% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.69 | +0.017% | $2.2M | $711K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.67 | 0.000% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.67 | 0.000% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.65 | −0.017% | $696 | $2.5M | 20x | as long as short |
| HTX BABA-USDTshort | 0.0000% | 8h | 119.77 | +0.084% | $30K | $19K | 20x | |
| QFEX BABA-USD | +0.0029% | 1h | 119.64 | −0.025% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.77 | +0.084% | $383K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.64 | −0.025% | $436K | $509K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.200% | $11K | $26K | 12x | as long as short |
Show all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.67 | 0.000% | $72K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.81 | +0.117% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.56 | −0.092% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 119.67 | long leg | $213K | $446K | 10x | |
| tradeXYZ xyz:BABA | +0.0075% | 1h | 119.61 | −0.050% | $12.0M | $4.8M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.62 | −0.042% | $623K | $518K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.66 | −0.008% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0223% | 8h | 119.93 | +0.221% | $375K | $672K | — | as long as short |
| GRVT BABA_USDT_Perp | +0.0249% | 8h | 119.78 | +0.092% | $3K | $180K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0264% | 1h | 119.61 | −0.046% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0266% | 8h | 119.65 | −0.013% | $15.1M | $33.8M | 20x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.76 | +0.075% | $67K | $109K | 10x | as long as short |
HTX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
tradeXYZ xyz:BABA
KuCoin BABAUSDTM
Variational Omni BABA
GRVT BABA_USDT_Perp
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA