Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.025%
Price spread now: Bybit against BingX−0.124%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.124%, 7d avg −0.010%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.115% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONT-USDT | 0.05634 | 0.1034 | pay 0.0517% / 4h | 54m 23s | — | $2.3M | — |
| Short | Bybit ONTUSDT | 0.05627 | 0.1024 | get 0.0512% / 4h | 54m 23s | $795K | $332K | 25x |
BingX ONT-USDT
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$2.05
- Price spread: −0.124% → −0.010%
- −$11.45
- Slippage, 4 orders
- −$99.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$134.48
- Costs to cover
- 1.210%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, just now.
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, 9 min ago | 3.56 bp | 23.7 bp −$24 | 49.2 bp −$492 | 576.7 bp −$57.7K | 1072.9 bp −$536.4K |
| Sell Bybit live order book, just now | 3.56 bp | 40.4 bp −$40 | doesn't fit | 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 | +0.0092% | 4h | 0.05632 | −0.035% | $132K | $24K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05637 | +0.061% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05630 | −0.071% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05626 | −0.142% | $800K | $903K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05640 | +0.106% | $179K | $55K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05631 | −0.053% | $1.4M | $150K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05637 | +0.053% | $520K | $41K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05629 | −0.089% | $801K | $281K | 50x | as long as short |
| Variational Omni ONT | +0.0877% | 4h | 0.05637 | +0.046% | $4K | $3K | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0977% | 1h | 0.05657 | +0.404% | $9K | $301 | 10x | as long as short |
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Kraken Futures PF_ONTUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTshort | +0.1024% | 4h | 0.05627 | −0.124% | $795K | $332K | 25x | |
| BingX ONT-USDTlong | +0.1034% | 4h | 0.05634 | long leg | — | $2.3M | — |