Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.028%
Price spread now: Gate against Ondo Perps+0.121%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.121%, 7d avg +0.102%
=Together, before fees+0.002%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.11 | 0.0050 | pay 0.0006% / 1h | 44m 37s | $242K | $351K | 10x |
| Short | Gate BABA_USDT | 116.25 | 0 | get 0.0000% / 8h | 44m 37s | $1.4M | $1.7M | 50x |
Ondo Perps BABA-USD.P
Gate BABA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.58
- Price spread: +0.121% → +0.102%
- $1.89
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$28.7
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 2.58 bp | 12.6 bp −$13 | 105.0 bp −$1,050 | 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 | 116.19 | +0.066% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.23 | +0.103% | $2.2M | $593K | 25x | as long as short |
| Gate BABA_USDTshort | 0.0000% | 8h | 116.25 | +0.121% | $1.4M | $1.7M | 50x | |
| Bitget BABAUSDT | 0.0000% | 8h | 116.19 | +0.069% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.27 | +0.138% | $445 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.27 | +0.138% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | +0.121% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.24 | +0.112% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.233% | $11K | $26K | 12x | as long as short |
| GRVT BABA_USDT_Perp | +0.0041% | 8h | 116.23 | +0.102% | $3K | $249K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
GRVT BABA_USDT_PerpShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.16 | +0.043% | — | $9K | 10x | as long as short |
| QFEX BABA-USD | +0.0047% | 1h | 116.25 | +0.121% | $1.2M | $5.1M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.14 | +0.026% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.11 | long leg | $242K | $351K | 10x | |
| Lighter BABA | +0.0080% | 1h | 116.36 | +0.215% | $384K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0096% | 1h | 116.25 | +0.121% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0099% | 8h | 116.27 | +0.141% | $15.3M | $21.3M | 20x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.15 | +0.034% | $602K | $605K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.23 | +0.103% | $2K | $1K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0121% | 1h | 116.19 | +0.069% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.18 | +0.060% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.23 | +0.103% | $78K | $94K | 10x | as long as short |
Vest BABA-USD-PERP
QFEX BABA-USD
Polymarket Perps BABA-USD
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD