Settings8H · net · $10k
Funding arb · Price arb /

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.089%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$640.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.089%, 7d avg +0.069%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.158% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONTUSDT0.056090.0100pay 0.0050% / 4h2h 38m$809K$316K50x
ShortMEXC ONT_USDT0.056040.0100get 0.0050% / 4h2h 38m$1.4M$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$0
Price spread: −0.089% → +0.069%
−$15.84
Slippage, 4 orders
−$47.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$79.4
Costs to cover
0.636%
Break-even
never at this rate
Slippage from Bitget: live order book, 47 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 47 min ago4.46 bp22.2 bp −$2259.7 bp −$597doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.89 bp10.4 bp −$1029.0 bp −$290588.5 bp −$58.9Kdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONTUSD−0.0088%1h0.05605−0.079%$9K$23110xas long as short
Aster ONTUSDT+0.0100%4h0.05608−0.011%$26K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05606−0.053%$2.4M$2.7M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05599−0.178%$803K$869K20xas long as short
Gate ONT_USDT+0.0100%4h0.05602−0.125%$172K$61K50xas long as short
MEXC ONT_USDTshort+0.0100%4h0.05604−0.089%$1.4M$137K50x
KuCoin ONTUSDTM+0.0100%4h0.05606−0.053%$522K$54K30xas long as short
Bitget ONTUSDTlong+0.0100%4h0.05609long leg$809K$316K50x
BloFin ONT-USDT+0.0154%4h0.05603−0.107%$132K$25K50xas long as short
Variational Omni ONT+0.1772%4h0.05593−0.285%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1924%4h0.05601−0.143%$2.3Mas long as short
Bybit ONTUSDT+0.1924%4h0.05593−0.285%$798K$319K25xas long as short