Funding you earn now, next payment 03:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.053%
Price spread now: Extended against Ondo Perps+0.043%7-day average +0.083% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.043%, 7d avg +0.083%
=Together, before fees−0.099%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.039% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.083%). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.025% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 119.20 | 0.0050 | pay 0.0006% / 1h | 4m 17s | $240K | $401K | 10x |
| Short | Extended BABA_24_5-USD | 119.25 | 0.0144 | get 0.0018% / 1h | 4m 17s | $44K | $363K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $19.66
- Price spread: +0.043% → +0.083%
- −$3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $5.72
- Costs to cover
- 0.100%
- Break-even
- 5.0 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 58 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 Extended live order book, 58 min ago | 2.54 bp | 12.1 bp −$12 | 93.4 bp −$934 | 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 | 119.24 | +0.031% | $78K | $31K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.20 | 0.000% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.25 | +0.042% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.46 | +0.218% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.37 | +0.143% | $808 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.28 | +0.067% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.29 | +0.076% | $380K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.20 | 0.000% | $429K | $507K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −2.819% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.23 | +0.025% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.28 | +0.067% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.16 | −0.034% | $12.0M | $4.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.17 | −0.025% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 119.20 | long leg | $240K | $401K | 10x | |
| QFEX BABA-USD | +0.0061% | 1h | 119.21 | +0.008% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0081% | 8h | 119.21 | +0.006% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.17 | −0.025% | $620K | $503K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.30 | +0.084% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0141% | 8h | 119.28 | +0.069% | $15.8M | $29.4M | 20x | as long as short |
| Extended BABA_24_5-USDshort | +0.0144% | 1h | 119.25 | +0.043% | $44K | $363K | 10x | |
| Phoenix BABA | +0.0203% | 1h | 119.30 | +0.084% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0950% | 8h | 119.25 | +0.042% | $2.4M | $1.7M | 20x | as long as short |
Extended BABA_24_5-USD
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT