Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.109%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.109%, 7d avg +0.114%
=Together, before fees−0.046%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.114%, 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 | 119.14 | 0.0050 | pay 0.0006% / 1h | 4m 15s | $151K | $511K | 10x |
| Short | SunX BABA-USDT | 119.27 | 0 | get 0.0000% / 8h | 4h 04m | $915 | $2.4M | 20x |
Ondo Perps BABA-USD.P
SunX BABA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.109% → +0.114%
- −$0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$24.03
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago | 45.65 bp | 64.3 bp −$64 | doesn't fit | 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 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 | 119.35 | +0.180% | $49K | $61K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.28 | +0.118% | $2.1M | $773K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.27 | +0.109% | $1.5M | $2.2M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 119.24 | +0.084% | $2.3M | $2.4M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 119.30 | +0.135% | $389K | $718K | — | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.35 | +0.176% | $3K | $189K | 10x | as long as short |
| SunX BABA-USDTshort | 0.0000% | 8h | 119.27 | +0.109% | $915 | $2.4M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.33 | +0.159% | $30K | $19K | 20x | as long as short |
| Binance BABAUSDT | +0.0021% | 8h | 119.26 | +0.097% | $14.9M | $36.0M | 20x | as long as short |
| QFEX BABA-USD | +0.0023% | 1h | 119.25 | +0.092% | $1.3M | $2.8M | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
GRVT BABA_USDT_Perp
HTX BABA-USDT
Binance BABAUSDT
QFEX BABA-USDShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABA_24_5-USD | +0.0024% | 1h | 119.22 | +0.063% | $59K | $377K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.34 | +0.168% | $383K | $75K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.19 | +0.042% | $396K | $498K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.770% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.20 | +0.050% | $71K | $104K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.38 | +0.201% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.21 | +0.059% | $12.0M | $4.9M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.21 | +0.059% | $6K | $226K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 119.14 | long leg | $151K | $511K | 10x | |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.20 | +0.050% | $632K | $622K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.25 | +0.092% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0201% | 1h | 119.39 | +0.210% | $67K | $100K | 10x | as long as short |
Extended BABA_24_5-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Phoenix BABA