Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Ondo Perps against tradeXYZ−0.086%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.086%, 7d avg −0.019%
=Together, before fees+0.020%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board+$2 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 0.067% cheaper against tradeXYZ than usual: you would sell low and buy high, −$7 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 | tradeXYZ xyz:BABA | 116.71 | 0.0050 | pay 0.0006% / 1h | 25m 21s | $11.7M | $4.4M | 10x |
| Short | Ondo Perps BABA-USD.P | 116.61 | 0.0050 | get 0.0006% / 1h | 25m 21s | $227K | $420K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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: −0.086% → −0.019%
- −$6.71
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$29.62
- Costs to cover
- 0.230%
- Break-even
- 2475.6 days
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 1.29 bp | 12.9 bp −$13 | 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 | 116.94 | +0.195% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.87 | +0.137% | $2.1M | $733K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.82 | +0.094% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.84 | +0.111% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.81 | +0.086% | $609 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.80 | +0.077% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0027% | 8h | 116.77 | +0.050% | $2K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.83 | +0.103% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.79 | +0.069% | $433K | $511K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.745% | $11K | $26K | 12x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 116.74 | +0.026% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.79 | +0.069% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0050% | 1h | 116.71 | long leg | $11.7M | $4.4M | 10x | |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.72 | +0.009% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.61 | −0.086% | $227K | $420K | 10x | |
| Variational Omni BABA | +0.0053% | 8h | 116.82 | +0.094% | $364K | $753K | — | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.78 | +0.060% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.79 | +0.069% | $608K | $392K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.81 | +0.086% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 116.80 | +0.079% | $43K | $304K | 10x | as long as short |
| Binance BABAUSDT | +0.0122% | 8h | 116.83 | +0.101% | $15.1M | $32.5M | 20x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.77 | +0.051% | $65K | $89K | 10x | as long as short |
tradeXYZ xyz:BABA
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA