Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: QFEX against Ondo Perps+0.051%7-day average +0.094% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.051%, 7d avg +0.094%
=Together, before fees−0.054%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.042% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.094%). If the spread goes back, that is −$4 on $10k: about 11 days of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BABA-USD.P | 116.93 | 0.0050 | pay 0.0006% / 1h | 41m 40s | $224K | $417K | 10x |
| Short | QFEX BABA-USD | 116.99 | 0.0063 | get 0.0008% / 1h | 41m 40s | $1.2M | $3.1M | 10x |
Ondo Perps BABA-USD.P
QFEX BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.67
- Price spread: +0.051% → +0.094%
- −$4.22
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.55
- Costs to cover
- 0.150%
- Break-even
- 50.4 days
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.28 bp | 6.3 bp −$6 | 8.3 bp −$83 | 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 | 117.20 | +0.231% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.02 | +0.077% | $2.1M | $732K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.00 | +0.060% | $1.5M | $2.0M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.01 | +0.068% | $2.4M | $1.8M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.12 | +0.162% | $584 | $3.3M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.34 | +0.351% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.07 | +0.120% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.97 | +0.034% | $434K | $510K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.932% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.09 | +0.137% | $71K | $110K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.12 | +0.162% | — | $19K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0049% | 8h | 117.30 | +0.316% | $2K | $193K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.91 | −0.017% | $11.7M | $4.4M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.03 | +0.086% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.Plong | +0.0050% | 1h | 116.93 | long leg | $224K | $417K | 10x | |
| QFEX BABA-USDshort | +0.0063% | 1h | 116.99 | +0.051% | $1.2M | $3.1M | 10x | |
| Variational Omni BABA | +0.0077% | 8h | 117.23 | +0.256% | $264K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.97 | +0.034% | $609K | $405K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.12 | +0.162% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0135% | 8h | 116.94 | +0.007% | $15.2M | $32.2M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 116.91 | −0.015% | $43K | $355K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 117.24 | +0.265% | $66K | $89K | 10x | as long as short |
Vest BABA-USD-PERP
GRVT BABA_USDT_Perp
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA