Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Ondo Perps+0.109%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.109%, 7d avg +0.019%
=Together, before fees−0.173%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.090% dearer against Ondo Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 119.10 | 0.0050 | pay 0.0006% / 1h | 2m 50s | $240K | $402K | 10x |
| Short | tradeXYZ xyz:BABA | 119.23 | 0.0050 | get 0.0006% / 1h | 2m 50s | $12.0M | $4.0M | 10x |
Ondo Perps BABA-USD.P
tradeXYZ xyz:BABAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$0.08
- Price spread: +0.109% → +0.019%
- $9.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$14.07
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 1.68 bp | 12.8 bp −$13 | 17.4 bp −$174 | 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 | 119.28 | +0.151% | $78K | $31K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.27 | +0.143% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.29 | +0.160% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.25 | +0.126% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.22 | +0.101% | $1K | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.28 | +0.151% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.34 | +0.202% | $380K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.29 | +0.160% | $429K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.737% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.23 | +0.109% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
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 | 119.26 | +0.134% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAshort | +0.0050% | 1h | 119.23 | +0.109% | $12.0M | $4.0M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.15 | +0.042% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 119.10 | long leg | $240K | $402K | 10x | |
| QFEX BABA-USD | +0.0061% | 1h | 119.18 | +0.067% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0081% | 8h | 119.21 | +0.090% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.27 | +0.143% | $621K | $503K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.23 | +0.109% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 119.29 | +0.161% | $44K | $363K | 10x | as long as short |
| Binance BABAUSDT | +0.0140% | 8h | 119.29 | +0.159% | $15.8M | $29.4M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.21 | +0.092% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0955% | 8h | 119.25 | +0.126% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT