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: Binance against BingX+0.071%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.484%−$48 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now +0.071%, 7d avg −0.018%
=The price spread pays, funding is against you. Binance is 0.089% dearer against BingX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.018%): +$9 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.484% in total) that is about 31 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 | BingX ONT-USDT | 0.05608 | 0.1350 | pay 0.0675% / 4h | 1h 44m | — | $2.3M | — |
| Short | Binance ONTUSDT | 0.05612 | 0.0100 | get 0.0050% / 4h | 1h 44m | $2.4M | $2.7M | 50x |
BingX ONT-USDT
Binance ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$262.5
- Price spread: +0.071% → −0.018%
- $8.94
- Slippage, 4 orders
- −$43.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$317.4
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 6 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 BingX live order book, 3 min ago | 2.67 bp | 19.4 bp −$19 | 46.1 bp −$461 | 516.3 bp −$51.6K | 1003.7 bp −$501.8K |
| Sell Binance live order book, 6 min ago | 0.89 bp | 13.5 bp −$14 | 52.5 bp −$525 | doesn't fit | doesn't fit |
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 | 0.05610 | +0.037% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05612 | +0.071% | $2.4M | $2.7M | 50x | |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05610 | +0.036% | $799K | $926K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.036% | $178K | $57K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05613 | +0.089% | $1.4M | $150K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05619 | +0.196% | $518K | $45K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05608 | 0.000% | $792K | $315K | 50x | as long as short |
| BloFin ONT-USDT | +0.0106% | 4h | 0.05632 | +0.428% | — | $24K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0475% | 1h | 0.05627 | +0.340% | $9K | $301 | 10x | as long as short |
| Variational Omni ONT | +0.1159% | 4h | 0.05618 | +0.179% | $4K | $3K | — | as long as short |
Aster ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BloFin ONT-USDT
Kraken Futures PF_ONTUSD
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTlong | +0.1350% | 4h | 0.05608 | long leg | — | $2.3M | — | |
| Bybit ONTUSDT | +0.1419% | 4h | 0.05606 | −0.036% | $793K | $333K | 25x | as long as short |
Bybit ONTUSDT