Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.018%
Price spread now: Ondo Perps against Injective+0.354%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.354% dearer against Injective than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 37m 53s | $11K | $26K | 12x |
| Short | Ondo Perps BABA-USD.P | 116.25 | 0.0050 | get 0.0006% / 1h | 37m 53s | $243K | $352K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- $3.58
- Price spread: +0.354% → 0.000%
- $35.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $33.96
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Injective 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 | 116.24 | +0.342% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.23 | +0.337% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.28 | +0.380% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.28 | +0.380% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.24 | +0.345% | $747 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.38 | +0.466% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0028% | 8h | 116.29 | +0.389% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.28 | +0.380% | $446K | $580K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.20 | +0.311% | — | $9K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.23 | +0.337% | $1.2M | $5.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.17 | +0.285% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.25 | +0.354% | $243K | $352K | 10x | |
| GRVT BABA_USDT_Perp | +0.0068% | 8h | 116.30 | +0.394% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.23 | +0.337% | $602K | $599K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.25 | +0.354% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0104% | 1h | 116.44 | +0.518% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 116.27 | +0.373% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0123% | 8h | 116.29 | +0.384% | $15.3M | $21.4M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0158% | 1h | 116.26 | +0.363% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.432% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.30 | +0.397% | $78K | $94K | 10x | as long as short |
Injective BABA/USDC PERP
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA