Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BloFin+0.089%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.089%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.098% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05645 | 0.0073 | pay 0.0037% / 4h | 3h 58m | $130K | $23K | 50x |
| Short | MEXC ONT_USDT | 0.05650 | 0.0100 | get 0.0050% / 4h | 3h 58m | $1.5M | $145K | 50x |
BloFin ONT-USDT
MEXC ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $5.58
- Price spread: +0.089% → −0.010%
- $9.83
- Slippage, 4 orders
- −$32.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$33.55
- Costs to cover
- 0.490%
- Break-even
- 49.1 days
Slippage from BloFin: live order book, 62 min ago; MEXC: live order book, 2 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 | 0.89 bp | 10.0 bp −$10 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.65 bp | 9.4 bp −$9 | 22.3 bp −$223 | 491.7 bp −$49.2K | 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 | 0.0000% | 1h | 0.05667 | +0.381% | $9K | $231 | 10x | as long as short |
| BloFin ONT-USDTlong | +0.0073% | 4h | 0.05645 | long leg | $130K | $23K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05651 | +0.098% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05648 | +0.053% | $2.4M | $2.7M | 50x | as long as short |
| Bybit ONTUSDT | +0.0100% | 4h | 0.05642 | −0.053% | $802K | $311K | 25x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05645 | 0.000% | $798K | $888K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05650 | +0.089% | $174K | $55K | 50x | as long as short |
| MEXC ONT_USDTshort | +0.0100% | 4h | 0.05650 | +0.089% | $1.5M | $145K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05645 | 0.000% | $525K | $48K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05650 | +0.089% | $827K | $314K | 50x | as long as short |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
Bybit ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.1184% | 4h | 0.05636 | −0.155% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.1524% | 4h | 0.05651 | +0.106% | — | $2.3M | — | as long as short |
Variational Omni ONT
BingX ONT-USDT