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 Bybit−0.224%7-day average −0.096% · 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 4 days (all we have)+0.146%+$15 · spread now −0.224%, 7d avg −0.096%
=Together, before fees+0.288%+ Points / potential airdropOndo Perps: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.128% cheaper against Bybit than usual: you would sell low and buy high (spread −0.224% now, against its 7-day average of −0.096%). If the spread goes back, that is −$13 on $10k: about 8.4 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 | Bybit BABAUSDT | 116.30 | 0 | get 0.0000% / 8h | 40m 44s | $2.2M | $595K | 25x |
| Short | Ondo Perps BABA-USD.P | 116.04 | 0.0050 | get 0.0006% / 1h | 40m 44s | $243K | $352K | 10x |
Bybit BABAUSDT
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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: −0.224% → −0.096%
- −$12.77
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$18.19
- Costs to cover
- 0.160%
- Break-even
- 19.0 days
Slippage unknown: Bybit: 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 Bybit live order book, 1 min ago | 4.73 bp | 15.3 bp −$15 | 100.5 bp −$1,005 | 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 | 116.23 | −0.058% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDTlong | 0.0000% | 8h | 116.30 | long leg | $2.2M | $595K | 25x | |
| Gate BABA_USDT | 0.0000% | 8h | 116.31 | +0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.31 | +0.009% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.29 | −0.009% | $884 | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.42 | +0.103% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0006% | 8h | 116.25 | −0.043% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.28 | −0.017% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.396% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.18 | −0.103% | — | $9K | 10x | as long as short |
Aster BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Variational Omni BABA
Lighter RH BABA
Injective BABA/USDC PERP
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0047% | 1h | 116.24 | −0.052% | $1.2M | $5.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.16 | −0.120% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.04 | −0.224% | $243K | $352K | 10x | |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 116.34 | +0.034% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.22 | −0.069% | $603K | $602K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.30 | 0.000% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.43 | +0.112% | $385K | $49K | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.28 | −0.018% | $42K | $383K | 10x | as long as short |
| Binance BABAUSDT | +0.0119% | 8h | 116.30 | 0.000% | $15.3M | $21.3M | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0156% | 1h | 116.24 | −0.052% | $12.1M | $3.1M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.034% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.28 | −0.017% | $78K | $94K | 10x | as long as short |
QFEX BABA-USD
Polymarket Perps BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Extended BABA_24_5-USD
Binance BABAUSDT
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD