ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1250%/8h= +136.9% APRnext payment +$6.25 per $10,000 · paid last 24h +0.472%

Price spread now: BingX against Binance−0.061%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.484%+$48 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.061%, 7d avg +0.018%

Together, before fees+0.561%+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.079% cheaper against Binance than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.018%). If the spread goes back, that is −$8 on $10k: about 5 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.484% in total) that is about 27 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.484% in total (about 25.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ONTUSDT	0.05628	0.0100	pay 0.0050% / 4h	1h 43m	$2.4M	$2.7M	50x
Short	BingX ONT-USDT	0.05625	0.1350	get 0.0675% / 4h	1h 43m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now −0.061%Rate

Funding earned: $262.5
Price spread: −0.061% → +0.018%: −$7.87
Slippage, 4 orders: −$43.84
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $190.78
Costs to cover: 0.638%
Break-even: 1.9 days

Slippage from Binance: live order book, 7 min ago; BingX: live order book, 5 min ago.

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 Binance live order book, 7 min ago	0.89 bp	19.3 bp −$19	67.6 bp −$676	8255.4 bp −$825.5K	doesn't fit
Sell BingX live order book, 5 min ago	2.67 bp	11.6 bp −$12	40.4 bp −$404	624.8 bp −$62.5K	1163.6 bp −$581.8K

ONT on 12 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 ONTUSDT	+0.0100%	4h	0.05625	−0.062%	$27K	$537	5x	as long as short
Binance ONTUSDTlong	+0.0100%	4h	0.05628	long leg	$2.4M	$2.7M	50x
OKX ONT-USDT-SWAP	+0.0100%	4h	0.05625	−0.061%	$801K	$928K	20x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05620	−0.149%	$178K	$57K	50x	as long as short
MEXC ONT_USDT	+0.0100%	4h	0.05625	−0.061%	$1.4M	$151K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05623	−0.096%	$518K	$44K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05626	−0.043%	$794K	$315K	50x	as long as short
BloFin ONT-USDT	+0.0106%	4h	0.05632	+0.064%	—	$24K	50x	as long as short
Kraken Futures PF_ONTUSD	+0.0475%	1h	0.05632	+0.055%	$9K	$301	10x	as long as short
Variational Omni ONT	+0.1159%	4h	0.05618	−0.185%	$4K	$3K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ONT-USDTshort	+0.1350%	4h	0.05625	−0.061%	—	$2.3M	—
Bybit ONTUSDT	+0.1403%	4h	0.05621	−0.132%	$794K	$334K	25x	as long as short