Funding you earn now, next payment 04:00 UTC+0.0633%/8h= +69.3% APRnext payment +$3.16 per $10,000 · paid last 24h +0.480%
Price spread now: BingX against BloFin+0.036%96s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as 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−$700.700% of the position
Funding, last 7 days+0.490%+$49 on $10k
+Price spread, last 4 days (all we have)−0.359%−$36 · spread now +0.036%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.044% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05632 | 0.0137 | pay 0.0069% / 4h | 27m 42s | $131K | $25K | 50x |
| Short | BingX ONT-USDT | 0.05634 | 0.0770 | get 0.0385% / 4h | 27m 42s | — | $2.3M | — |
BloFin ONT-USDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $132.89
- Price spread: +0.036% → −0.008%
- $4.36
- Slippage, 4 orders
- −$47.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $67.28
- Costs to cover
- 0.700%
- Break-even
- 3.5 days
Slippage from BloFin: live order book, 64 min ago; BingX: live order book, 5 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 BloFin live order book, 64 min ago | 6.19 bp | 13.9 bp −$14 | 39.9 bp −$399 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 3.56 bp | 17.2 bp −$17 | 41.1 bp −$411 | 475.7 bp −$47.6K | 995.3 bp −$497.6K |
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 | 0.05637 | +0.086% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05633 | +0.018% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05629 | −0.053% | $799K | $905K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05632 | 0.000% | $175K | $57K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05628 | −0.071% | $1.4M | $152K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05636 | +0.071% | $519K | $41K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05629 | −0.053% | $801K | $277K | 50x | as long as short |
| BloFin ONT-USDTlong | +0.0137% | 4h | 0.05632 | long leg | $131K | $25K | 50x | |
| Variational Omni ONT | +0.0537% | 4h | 0.05628 | −0.071% | $4K | $3K | — | as long as short |
| BingX ONT-USDTshort | +0.0770% | 4h | 0.05634 | +0.036% | — | $2.3M | — |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0777% | 4h | 0.05626 | −0.107% | $795K | $331K | 25x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0983% | 1h | 0.05627 | −0.095% | $9K | $301 | 10x | as long as short |
Bybit ONTUSDT
Kraken Futures PF_ONTUSD