Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against Orderly−0.153%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.153% cheaper against Orderly than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BABA_USDC_mythos | 117.61 | 0.0100 | pay 0.0100% / 8h | 2h 13m | $2K | $798 | 10x |
| Short | Ondo Perps BABA-USD.P | 117.43 | 0.0050 | get 0.0006% / 1h | 13m 30s | $238K | $401K | 10x |
Orderly PERP_BABA_USDC_mythos
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Orderly. 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: −0.153% → 0.000%
- −$15.3
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$36.72
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Ondo Perps: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Orderly and 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 | 117.89 | +0.237% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.61 | 0.000% | $2.1M | $721K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.63 | +0.017% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.65 | +0.034% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.53 | −0.068% | $786 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.69 | +0.068% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.61 | 0.000% | $374K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.52 | −0.077% | $436K | $514K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.505% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.55 | −0.051% | $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 | 117.52 | −0.077% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 117.53 | −0.068% | $11.9M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.55 | −0.051% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 117.43 | −0.153% | $238K | $401K | 10x | |
| QFEX BABA-USD | +0.0073% | 1h | 117.60 | −0.009% | $1.2M | $3.3M | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0084% | 8h | 117.63 | +0.021% | $3K | $193K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.50 | −0.094% | $611K | $424K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythoslong | +0.0100% | 8h | 117.61 | long leg | $2K | $798 | 10x | |
| Variational Omni BABA | +0.0106% | 8h | 117.63 | +0.013% | $265K | $658K | — | as long as short |
| Binance BABAUSDT | +0.0176% | 8h | 117.67 | +0.051% | $15.6M | $31.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0176% | 1h | 117.61 | −0.003% | $44K | $355K | 10x | as long as short |
| Phoenix BABA | +0.0271% | 1h | 117.55 | −0.051% | $66K | $90K | 10x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA