Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against KuCoin+0.068%7-day average −0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.068%, 7d avg −0.030%
=Together, before fees−0.243%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.097% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.030%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.26 | 0.0100 | pay 0.0100% / 8h | 4h 08m | $616K | $477K | 20x |
| Short | Ondo Perps BABA-USD.P | 118.34 | 0.0050 | get 0.0006% / 1h | 8m 34s | $238K | $407K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against KuCoin. 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: +0.068% → −0.030%
- $9.74
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.68
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 19.45 bp | 72.3 bp −$72 | 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 | 118.39 | +0.106% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.33 | +0.059% | $2.1M | $698K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.37 | +0.093% | $1.5M | $1.9M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.39 | +0.110% | $902 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.43 | +0.144% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0013% | 8h | 118.40 | +0.118% | $3K | $216K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.40 | +0.118% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.35 | +0.076% | $438K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.046% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.32 | +0.051% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.44 | +0.152% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.28 | +0.017% | $11.9M | $4.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.30 | +0.034% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 118.34 | +0.068% | $238K | $407K | 10x | |
| QFEX BABA-USD | +0.0068% | 1h | 118.40 | +0.118% | $1.2M | $4.1M | 10x | as long as short |
| Variational Omni BABA | +0.0069% | 8h | 118.35 | +0.079% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.26 | long leg | $616K | $477K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.35 | +0.076% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 118.35 | +0.073% | $44K | $358K | 10x | as long as short |
| Binance BABAUSDT | +0.0138% | 8h | 118.38 | +0.101% | $15.6M | $30.3M | 20x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 118.30 | +0.034% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0516% | 8h | 118.41 | +0.127% | $2.4M | $1.7M | 20x | as long as short |
KuCoin BABAUSDTM
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
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT