Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.151%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.151%, 7d avg −0.047%
=Together, before fees+0.165%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.104% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.047%). If the spread goes back, that is −$10 on $10k: about 19 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BABA | 119.59 | 0.0032 | pay 0.0004% / 1h | 44m 16s | $435K | $509K | 10x |
| Short | Ondo Perps BABA-USD.P | 119.41 | 0.0050 | get 0.0006% / 1h | 44m 16s | $212K | $445K | 10x |
Lighter RH BABA
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- $3.86
- Price spread: −0.151% → −0.047%
- −$10.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$11.5
- Costs to cover
- 0.050%
- Break-even
- 27.8 days
Slippage unknown: Lighter RH: live order book, 1 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 Lighter RH live order book, 1 min ago | 2.93 bp | 3.4 bp −$3 | 7.8 bp −$78 | 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 exchanges
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 | 119.61 | +0.015% | $70K | $40K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.61 | +0.017% | $2.2M | $708K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.59 | 0.000% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.58 | −0.008% | $2.3M | $2.2M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.58 | −0.008% | $664 | $2.5M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.87 | +0.234% | $30K | $19K | 20x | as long as short |
| QFEX BABA-USD | +0.0029% | 1h | 119.57 | −0.017% | $1.2M | $2.9M | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.72 | +0.109% | $383K | $73K | 10x | as long as short |
| Lighter RH BABAlong | +0.0032% | 1h | 119.59 | long leg | $435K | $509K | 10x | |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.136% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
QFEX BABA-USD
Lighter BABA
Injective BABA/USDC PERPShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USD | +0.0040% | 1h | 119.53 | −0.050% | $71K | $134K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.74 | +0.125% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.59 | 0.000% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.57 | −0.017% | $8K | $177K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 119.41 | −0.151% | $212K | $445K | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.60 | +0.008% | $623K | $525K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.58 | −0.008% | $2K | $798 | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0197% | 8h | 119.65 | +0.051% | $3K | $182K | 10x | as long as short |
| Variational Omni BABA | +0.0207% | 8h | 119.54 | −0.042% | $374K | $672K | — | as long as short |
| Binance BABAUSDT | +0.0247% | 8h | 119.58 | −0.012% | $15.1M | $33.9M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0248% | 1h | 119.53 | −0.049% | $44K | $315K | 10x | as long as short |
| Phoenix BABA | +0.0267% | 1h | 119.69 | +0.084% | $67K | $109K | 10x | as long as short |
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
GRVT BABA_USDT_Perp
Variational Omni BABA
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA