Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Ondo Perps against Polymarket Perps−0.129%7-day average −0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.129%, 7d avg −0.040%
=Together, before fees+0.006%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.089% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BABA-USD | 116.19 | 0.0050 | pay 0.0006% / 1h | 39m 54s | $10K | $263K | 10x |
| Short | Ondo Perps BABA-USD.P | 116.04 | 0.0050 | get 0.0006% / 1h | 39m 54s | $243K | $352K | 10x |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.08
- Price spread: −0.129% → −0.040%
- −$8.89
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.81
- Costs to cover
- 0.130%
- Break-even
- 1824.5 days
Slippage unknown: Polymarket Perps: live order book, 37 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 Polymarket Perps live order book, 37 min ago | 3.45 bp | 8.2 bp −$8 | 8.3 bp −$83 | 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 | +0.049% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.27 | +0.069% | $2.2M | $595K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.30 | +0.095% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.28 | +0.077% | $2.5M | $1.4M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.29 | +0.086% | $1K | $4.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.42 | +0.198% | $37K | $2K | 20x | as long as short |
| Variational Omni BABA | +0.0028% | 8h | 116.29 | +0.086% | $300K | $620K | — | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.26 | +0.060% | $447K | $580K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.301% | $11K | $26K | 12x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.20 | +0.009% | — | $9K | 10x | as long as short |
Aster BABAUSDT
Bybit 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 | 116.27 | +0.069% | $1.2M | $5.2M | 10x | as long as short |
| Polymarket Perps BABA-USDlong | +0.0050% | 1h | 116.19 | long leg | $10K | $263K | 10x | |
| Ondo Perps BABA-USD.Pshort | +0.0050% | 1h | 116.04 | −0.129% | $243K | $352K | 10x | |
| GRVT BABA_USDT_Perp | +0.0059% | 8h | 116.34 | +0.129% | $2K | $248K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 116.23 | +0.034% | $602K | $601K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.28 | +0.077% | $2K | $1K | 10x | as long as short |
| Lighter BABA | +0.0112% | 1h | 116.45 | +0.224% | $385K | $49K | 10x | as long as short |
| Binance BABAUSDT | +0.0119% | 8h | 116.27 | +0.069% | $15.3M | $21.3M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0120% | 1h | 116.24 | +0.043% | $42K | $383K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0154% | 1h | 116.23 | +0.034% | $12.1M | $3.1M | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 116.34 | +0.129% | $65K | $143K | 10x | as long as short |
| Arcus BABA-USD | +0.0394% | 1h | 116.28 | +0.077% | $78K | $94K | 10x | as long as short |
QFEX BABA-USD
GRVT BABA_USDT_Perp
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Lighter BABA
Binance BABAUSDT
Extended BABA_24_5-USD
tradeXYZ xyz:BABA
Phoenix BABA
Arcus BABA-USD