Funding you earn now, next payment 01:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.050%
Price spread now: Extended against Ondo Perps+0.139%7-day average +0.081% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.139%, 7d avg +0.081%
=Together, before fees−0.056%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.058% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.30 | 0.0050 | pay 0.0006% / 1h | 24m 56s | $239K | $341K | 10x |
| Short | Extended BABA_24_5-USD | 116.46 | 0.0192 | get 0.0024% / 1h | 24m 56s | $42K | $448K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Ondo Perps. 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
- $29.74
- Price spread: +0.139% → +0.081%
- $5.82
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $25.55
- Costs to cover
- 0.100%
- Break-even
- 1.0 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 48 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 48 min ago | 3.01 bp | 12.6 bp −$13 | 142.6 bp −$1,426 | doesn't fit | doesn't fit |
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 | 116.45 | +0.132% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.55 | +0.215% | $2.2M | $582K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.51 | +0.181% | $1.4M | $1.6M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.41 | +0.095% | $2.5M | $1.3M | 20x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 116.47 | +0.146% | $3K | $234K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.48 | +0.155% | $663 | $4.1M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.53 | +0.198% | $37K | $2K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 116.57 | +0.232% | $385K | $50K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.45 | +0.129% | $440K | $491K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.396% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.46 | +0.138% | — | $18K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.44 | +0.120% | $12.1M | $2.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.41 | +0.095% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.30 | long leg | $239K | $341K | 10x | |
| QFEX BABA-USD | +0.0072% | 1h | 116.46 | +0.138% | $1.2M | $5.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.38 | +0.069% | $603K | $546K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.48 | +0.155% | $2K | $798 | 10x | as long as short |
| Variational Omni BABA | +0.0137% | 8h | 116.43 | +0.112% | $301K | $619K | — | as long as short |
| Extended BABA_24_5-USDshort | +0.0192% | 1h | 116.46 | +0.139% | $42K | $448K | 10x | |
| Binance BABAUSDT | +0.0195% | 8h | 116.49 | +0.162% | $15.4M | $21.6M | 20x | as long as short |
| Phoenix BABA | +0.0343% | 1h | 116.41 | +0.095% | $65K | $133K | 10x | as long as short |
| Arcus BABA-USD | +0.0626% | 1h | 116.43 | +0.112% | $75K | $100K | 10x | as long as short |
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Variational Omni BABA
Binance BABAUSDT
Phoenix BABA