Funding you earn now, next payment 04:00 UTC−0.1079%/8h= −118.1% APRnext payment −$5.39 per $10,000 · paid last 24h −0.472%
Price spread now: Bitget against BingX0.000%7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.512%−$51 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now 0.000%, 7d avg −0.069%
=The price spread pays, funding is against you. Bitget is 0.069% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.069%): +$7 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.512% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.512% in total (about -26.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.39 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 | 0.05653 | 0.1179 | pay 0.0589% / 4h | 1h 22m | — | $2.3M | — |
| Short | Bitget ONTUSDT | 0.05653 | 0.0100 | get 0.0050% / 4h | 1h 22m | $798K | $316K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$226.55
- Price spread: 0.000% → −0.069%
- $6.87
- Slippage, 4 orders
- −$53.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$294.99
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 38 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, 1 min ago | 3.54 bp | 21.3 bp −$21 | 47.6 bp −$476 | 497.9 bp −$49.8K | 1008.4 bp −$504.2K |
| Sell Bitget live order book, 38 min ago | 0.89 bp | 8.7 bp −$9 | 45.8 bp −$458 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDT | +0.0044% | 4h | 0.05657 | +0.071% | $131K | $24K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05655 | +0.041% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05655 | +0.027% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05653 | 0.000% | $804K | $922K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05650 | −0.053% | $179K | $57K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05655 | +0.035% | $1.5M | $152K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05650 | −0.053% | $521K | $43K | 30x | as long as short |
| Bitget ONTUSDTshort | +0.0100% | 4h | 0.05653 | 0.000% | $798K | $316K | 50x | |
| Kraken Futures PF_ONTUSD | +0.0473% | 1h | 0.05653 | +0.008% | $9K | $301 | 10x | as long as short |
| Variational Omni ONT | +0.1042% | 4h | 0.05633 | −0.348% | $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-USDTlong | +0.1179% | 4h | 0.05653 | long leg | — | $2.3M | — | |
| Bybit ONTUSDT | +0.1233% | 4h | 0.05649 | −0.071% | $798K | $334K | 25x | as long as short |
BingX ONT-USDT
Bitget ONTUSDT
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Kraken Futures PF_ONTUSD
Variational Omni ONT
Bybit ONTUSDT