Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps+0.025%7-day average −0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.025%, 7d avg −0.040%
=Together, before fees−0.137%+ Points / potential airdropOndo Perps: Active · farm board−$14 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: Ondo Perps is 0.066% dearer against Polymarket Perps than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BABA-USD | 118.11 | 0.0050 | pay 0.0006% / 1h | 52m 20s | $9K | $266K | 10x |
| Short | Ondo Perps BABA-USD.P | 118.14 | 0.0050 | get 0.0006% / 1h | 52m 20s | $238K | $405K | 10x |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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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: +0.025% → −0.040%
- $6.56
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$6.36
- Costs to cover
- 0.130%
- Break-even
- 536.6 days
Slippage unknown: Polymarket Perps: live order book, 65 min ago; 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 Polymarket Perps live order book, 65 min ago | 2.51 bp | 8.1 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | 118.19 | +0.065% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.14 | +0.025% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.18 | +0.059% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.19 | +0.068% | $709 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.22 | +0.093% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0007% | 8h | 118.32 | +0.178% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.22 | +0.093% | $376K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.16 | +0.042% | $437K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.922% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.16 | +0.042% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
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 | 118.18 | +0.059% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.06 | −0.042% | $11.9M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 118.11 | long leg | $9K | $266K | 10x | |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.14 | +0.025% | $238K | $405K | 10x | |
| QFEX BABA-USD | +0.0056% | 1h | 118.16 | +0.042% | $1.2M | $4.0M | 10x | as long as short |
| Variational Omni BABA | +0.0061% | 8h | 118.15 | +0.038% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 118.13 | +0.017% | $615K | $465K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.13 | +0.017% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0128% | 1h | 118.12 | +0.013% | $44K | $355K | 10x | as long as short |
| Binance BABAUSDT | +0.0130% | 8h | 118.16 | +0.046% | $15.6M | $30.5M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.09 | −0.017% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0404% | 8h | 118.17 | +0.051% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT