Funding you earn now, next payment 07:00 UTC−0.0062%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.048%
Price spread now: Ondo Perps against Extended−0.137%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.137%, 7d avg −0.083%
=Together, before fees+0.063%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.054% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BABA_24_5-USD | 117.02 | 0.0112 | pay 0.0014% / 1h | 15m 13s | $44K | $308K | 10x |
| Short | Ondo Perps BABA-USD.P | 116.86 | 0.0050 | get 0.0006% / 1h | 15m 13s | $224K | $425K | 10x |
Extended BABA_24_5-USD
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Extended. 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
- −$12.94
- Price spread: −0.137% → −0.083%
- −$5.41
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$28.35
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 27 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 Extended live order book, 27 min ago | 3.42 bp | 13.0 bp −$13 | 138.0 bp −$1,380 | 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 | 117.08 | +0.048% | $69K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.01 | −0.008% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.04 | +0.017% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.06 | +0.034% | $2.4M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.08 | +0.051% | $551 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.09 | +0.060% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0020% | 8h | 116.99 | −0.026% | $2K | $194K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.02 | 0.000% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.94 | −0.068% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.008% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BABA | +0.0035% | 8h | 116.96 | −0.047% | $364K | $753K | — | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 116.91 | −0.094% | $71K | $110K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.94 | −0.068% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.92 | −0.085% | $11.8M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.91 | −0.094% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.86 | −0.137% | $224K | $425K | 10x | |
| QFEX BABA-USD | +0.0063% | 1h | 116.96 | −0.051% | $1.2M | $3.1M | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.92 | −0.085% | $609K | $383K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.97 | −0.043% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0111% | 8h | 117.07 | +0.040% | $15.1M | $32.6M | 20x | as long as short |
| Extended BABA_24_5-USDlong | +0.0112% | 1h | 117.02 | long leg | $44K | $308K | 10x | |
| Phoenix BABA | +0.0204% | 1h | 116.92 | −0.085% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Arcus BABA-USD
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
QFEX BABA-USD
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Phoenix BABA