Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: KuCoin against Ondo Perps+0.017%7-day average +0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.017%, 7d avg +0.029%
=Together, before fees+0.090%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$1 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 | 117.23 | 0.0050 | pay 0.0006% / 1h | 47m 44s | $225K | $418K | 10x |
| Short | KuCoin BABAUSDTM | 117.25 | 0.0100 | get 0.0100% / 8h | 1h 47m | $610K | $409K | 20x |
Ondo Perps BABA-USD.P
KuCoin BABAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.42
- Price spread: +0.017% → +0.029%
- −$1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$7.8
- Costs to cover
- 0.170%
- Break-even
- 12.2 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 71 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 KuCoin live order book, 71 min ago | 22.87 bp | 67.4 bp −$67 | doesn't fit | 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 | 117.43 | +0.167% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.26 | +0.026% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.29 | +0.051% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.32 | +0.077% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.29 | +0.051% | $715 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.32 | +0.077% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.34 | +0.094% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.27 | +0.034% | $435K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.186% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.24 | +0.009% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus 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 | 117.32 | +0.077% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.22 | −0.009% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.22 | −0.009% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 117.23 | long leg | $225K | $418K | 10x | |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 117.30 | +0.060% | $2K | $193K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 117.27 | +0.034% | $1.2M | $3.1M | 10x | as long as short |
| Variational Omni BABA | +0.0087% | 8h | 117.27 | +0.030% | $264K | $658K | — | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 117.25 | +0.017% | $610K | $409K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.27 | +0.034% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0149% | 8h | 117.30 | +0.060% | $15.3M | $32.0M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0152% | 1h | 117.20 | −0.028% | $44K | $352K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 117.32 | +0.077% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA