Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%
Price spread now: Ondo Perps against SunX−0.215%7-day average −0.110% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.215%, 7d avg −0.110%
=Together, before fees+0.151%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.105% cheaper against SunX than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.110%). If the spread goes back, that is −$11 on $10k: about 7.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 116.29 | 0 | get 0.0000% / 8h | 39m 26s | $1K | $4.2M | 20x |
| Short | Ondo Perps BABA-USD.P | 116.04 | 0.0050 | get 0.0006% / 1h | 39m 26s | $243K | $352K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SunX. 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: −0.215% → −0.110%
- −$10.53
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$12.95
- Costs to cover
- 0.130%
- Break-even
- 15.6 days
Slippage unknown: SunX: live order book, 9 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 SunX live order book, 9 min ago | 45.61 bp | 64.0 bp −$64 | 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 | 116.25 | −0.037% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.27 | −0.017% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.31 | +0.017% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.34 | +0.043% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDTlong | 0.0000% | 8h | 116.29 | long leg | $1K | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.42 | +0.112% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0028% | 8h | 116.29 | 0.000% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.30 | +0.009% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.387% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.20 | −0.077% | — | $9K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.28 | −0.009% | $1.2M | $5.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.18 | −0.095% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.04 | −0.215% | $243K | $352K | 10x | |
| GRVT BABA_USDT_Perp | +0.0068% | 8h | 116.30 | +0.005% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.24 | −0.043% | $602K | $601K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.32 | +0.026% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0104% | 1h | 116.45 | +0.138% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 116.25 | −0.035% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0121% | 8h | 116.30 | +0.009% | $15.3M | $21.3M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0156% | 1h | 116.27 | −0.017% | $12.1M | $3.0M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.043% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.29 | 0.000% | $78K | $94K | 10x | as long as short |
SunX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA