ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1064%/8h= +116.5% APRnext payment +$5.32 per $10,000 · paid last 24h +0.472%

Price spread now: BingX against Bitget+0.035%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.512%+$51 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.035%, 7d avg +0.069%

Together, before fees+0.592%+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.069%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.512% in total) that is about 11 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 +$5.32 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	Bitget ONTUSDT	0.05653	0.0100	pay 0.0050% / 4h	1h 19m	$798K	$316K	50x
Short	BingX ONT-USDT	0.05655	0.1164	get 0.0582% / 4h	1h 19m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $223.44
Price spread: +0.035% → +0.069%: −$3.34
Slippage, 4 orders: −$53.32
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $144.78
Costs to cover: 0.753%
Break-even: 2.5 days

Slippage from Bitget: live order book, 41 min ago; BingX: live order book, 4 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 Bitget live order book, 41 min ago	0.89 bp	27.5 bp −$27	70.6 bp −$706	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	3.54 bp	17.8 bp −$18	43.2 bp −$432	734.0 bp −$73.4K	1187.1 bp −$593.5K

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	0.05660	+0.125%	$27K	$537	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05656	+0.045%	$2.4M	$2.7M	50x	as long as short
OKX ONT-USDT-SWAP	+0.0100%	4h	0.05654	+0.018%	$804K	$923K	20x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05660	+0.124%	$179K	$57K	50x	as long as short
MEXC ONT_USDT	+0.0100%	4h	0.05656	+0.053%	$1.5M	$152K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05660	+0.124%	$522K	$43K	30x	as long as short
Bitget ONTUSDTlong	+0.0100%	4h	0.05653	long leg	$798K	$316K	50x
BloFin ONT-USDT	+0.0139%	4h	0.05657	+0.071%	$131K	$24K	50x	as long as short
Kraken Futures PF_ONTUSD	+0.0473%	1h	0.05658	+0.081%	$9K	$301	10x	as long as short
Variational Omni ONT	+0.1034%	4h	0.05652	−0.010%	$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-USDTshort	+0.1164%	4h	0.05655	+0.035%	—	$2.3M	—
Bybit ONTUSDT	+0.1209%	4h	0.05653	0.000%	$799K	$334K	25x	as long as short