Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against BloFin+0.160%78s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as 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−$1051.048% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.160%, 7d avg +0.046%
=The price spread pays, funding is against you. Gate is 0.114% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.046%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 78 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 | 0.05631 | 0.0126 | pay 0.0063% / 4h | 29m 44s | $131K | $25K | 50x |
| Short | Gate ONT_USDT | 0.05640 | 0.0100 | get 0.0050% / 4h | 29m 44s | $175K | $57K | 50x |
BloFin ONT-USDT
Gate ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.47
- Price spread: +0.160% → +0.046%
- $11.37
- Slippage, 4 orders
- −$77.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.9
- Costs to cover
- 1.048%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Gate: live order book, 21 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, 62 min ago | 6.19 bp | 13.9 bp −$14 | 39.9 bp −$399 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 4.45 bp | 31.2 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05639 | +0.146% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05641 | +0.185% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05642 | +0.195% | $802K | $907K | 20x | as long as short |
| Gate ONT_USDTshort | +0.0100% | 4h | 0.05640 | +0.160% | $175K | $57K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05639 | +0.142% | $1.5M | $152K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05638 | +0.124% | $520K | $41K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05638 | +0.124% | $803K | $278K | 50x | as long as short |
| BloFin ONT-USDTlong | +0.0126% | 4h | 0.05631 | long leg | $131K | $25K | 50x | |
| Variational Omni ONT | +0.0537% | 4h | 0.05628 | −0.053% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0734% | 4h | 0.05638 | +0.124% | — | $2.3M | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0811% | 4h | 0.05638 | +0.124% | $796K | $331K | 25x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0981% | 1h | 0.05637 | +0.106% | $9K | $301 | 10x | as long as short |
Bybit ONTUSDT
Kraken Futures PF_ONTUSD