ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1776%/8h= −194.5% APRnext payment −$8.88 per $10,000 · paid last 24h −0.400%

Price spread now: Gate against BingX+0.196%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.385%−$39 on $10k

Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.196%, 7d avg +0.049%

Together, before fees−0.619%−$62 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.146% dearer against BingX than usual: you sell high and buy low (spread +0.196% now, against its 7-day average of +0.049%): +$15 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.385% in total) that is about 2.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.385% in total (about -20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.88 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	0.05617	0.1876	pay 0.0938% / 4h	2h 17m	—	$2.3M	—
Short	Gate ONT_USDT	0.05628	0.0100	get 0.0050% / 4h	2h 17m	$173K	$61K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.196%Rate

Funding earned: −$372.96
Price spread: +0.196% → +0.049%: $14.64
Slippage, 4 orders: −$89.69
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$473.01
Costs to cover: 1.147%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Gate: live order book, 65 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, 11 min ago	2.68 bp	14.9 bp −$15	42.0 bp −$420	495.8 bp −$49.6K	961.8 bp −$480.9K
Sell Gate live order book, 65 min ago	5.36 bp	26.8 bp −$27	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
Kraken Futures PF_ONTUSD	−0.0088%	1h	0.05624	+0.120%	$9K	$231	10x	as long as short
OKX ONT-USDT-SWAP	+0.0082%	4h	0.05617	0.000%	$806K	$878K	20x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05625	+0.143%	$27K	$388	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05624	+0.125%	$2.4M	$2.7M	50x	as long as short
Gate ONT_USDTshort	+0.0100%	4h	0.05628	+0.196%	$173K	$61K	50x
MEXC ONT_USDT	+0.0100%	4h	0.05623	+0.107%	$1.4M	$139K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05619	+0.036%	$523K	$54K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05625	+0.142%	$811K	$316K	50x	as long as short
BloFin ONT-USDT	+0.0137%	4h	0.05625	+0.142%	$131K	$26K	50x	as long as short
Variational Omni ONT	+0.1616%	4h	0.05615	−0.032%	$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	+0.1876%	4h	0.05617	long leg	—	$2.3M	—
Bybit ONTUSDT	+0.1942%	4h	0.05611	−0.107%	$800K	$320K	25x	as long as short