Funding you earn now, next payment 00:00 UTC−0.2155%/8h= −236.0% APRnext payment −$10.77 per $10,000 · paid last 24h −0.410%
Price spread now: BloFin against BingX+0.018%81s7-day average +0.010% · 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—prices read too far apart to compare
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 3 days (all we have)+0.305%+$31 · spread now +0.018%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$65 a day on $10k at the current rate. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.416% in total (about -21.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.77 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 | 0.05596 | 0.2252 | pay 0.1126% / 4h | 2h 45m | — | $2.3M | — |
| Short | BloFin ONT-USDT | 0.05597 | 0.0097 | get 0.0049% / 4h | 2h 45m | $132K | $25K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$452.55
- Price spread: +0.018% → +0.010%
- $0.75
- Slippage, 4 orders
- −$47.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$521.71
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 34 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 | 5.36 bp | 20.7 bp −$21 | 49.8 bp −$498 | 522.3 bp −$52.2K | 978.6 bp −$489.3K |
| Sell BloFin live order book, 34 min ago | 0.89 bp | 14.0 bp −$14 | 32.0 bp −$320 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | −0.0088% | 1h | 0.05600 | +0.069% | $9K | $231 | 10x | as long as short |
| BloFin ONT-USDTshort | +0.0097% | 4h | 0.05597 | +0.018% | $132K | $25K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05606 | +0.180% | $26K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05603 | +0.125% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05596 | 0.000% | $802K | $870K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05602 | +0.107% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05601 | +0.089% | $1.4M | $137K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05598 | +0.036% | $521K | $54K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05598 | +0.036% | $805K | $323K | 50x | as long as short |
| Variational Omni ONT | +0.1951% | 4h | 0.05582 | −0.250% | $4K | $3K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.2152% | 4h | 0.05586 | −0.179% | $797K | $319K | 25x | as long as short |
| BingX ONT-USDTlong | +0.2252% | 4h | 0.05596 | long leg | — | $2.3M | — |
BingX ONT-USDT
BloFin ONT-USDT
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Bybit ONTUSDT