Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against SunX−0.092%7-day average −0.113% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)−0.412%−$41 · spread now −0.092%, 7d avg −0.113%
=Together, before fees−0.271%+ Points / potential airdropOndo Perps: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.021% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 119.48 | 0 | get 0.0000% / 8h | 5h 37m | $828 | $3.5M | 20x |
| Short | Ondo Perps BABA-USD.P | 119.37 | 0.0050 | get 0.0006% / 1h | 37m 09s | $235K | $384K | 10x |
SunX BABA-USDT
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SunX. 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: −0.092% → −0.113%
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$0.3
- Costs to cover
- 0.130%
- Break-even
- 7.2 days
Slippage unknown: SunX: live order book, 11 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 SunX live order book, 11 min ago | 45.36 bp | 63.5 bp −$63 | doesn't fit | 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 | 119.33 | −0.128% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.48 | 0.000% | $2.2M | $622K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.44 | −0.033% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 118.59 | −0.747% | $3K | $219K | 10x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 119.48 | long leg | $828 | $3.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.67 | +0.159% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.39 | −0.075% | $387K | $62K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.35 | −0.109% | $432K | $496K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.047% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.65 | −0.695% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
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 | 119.34 | −0.117% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.34 | −0.117% | $12.2M | $3.6M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.36 | −0.100% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 119.37 | −0.092% | $235K | $384K | 10x | |
| QFEX BABA-USD | +0.0061% | 1h | 119.42 | −0.050% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni BABA | +0.0092% | 8h | 118.27 | −1.011% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.34 | −0.117% | $622K | $515K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.45 | −0.025% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0157% | 8h | 119.44 | −0.033% | $15.7M | $25.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 119.43 | −0.044% | $44K | $368K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.57 | −0.762% | $66K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0441% | 8h | 119.43 | −0.042% | $2.5M | $1.4M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT