ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1071%/8h= −117.3% APRnext payment −$5.36 per $10,000 · paid last 24h −0.497%

Price spread now: Binance against Bybit+0.117%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1121.122% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.412%−$41 on $10k

Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.117%, 7d avg +0.006%

Together, before fees−0.638%−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.111% dearer against Bybit than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.006%): +$11 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.412% in total) that is about 45 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.412% in total (about -21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.36 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	Bybit ONTUSDT	0.05654	0.1171	pay 0.0586% / 4h	1h 16m	$799K	$334K	25x
Short	Binance ONTUSDT	0.05661	0.0100	get 0.0050% / 4h	1h 16m	$2.4M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.117%Rate

Funding earned: −$224.98
Price spread: +0.117% → +0.006%: $11.1
Slippage, 4 orders: −$91.16
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$326.03
Costs to cover: 1.122%
Break-even: never at this rate

Slippage from Bybit: live order book, 43 min ago; Binance: live order book, 3 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 Bybit live order book, 43 min ago	3.56 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.88 bp	13.2 bp −$13	46.7 bp −$467	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
BloFin ONT-USDT	+0.0083%	4h	0.05657	+0.053%	$130K	$24K	50x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05659	+0.096%	$27K	$537	5x	as long as short
Binance ONTUSDTshort	+0.0100%	4h	0.05661	+0.117%	$2.4M	$2.7M	50x
OKX ONT-USDT-SWAP	+0.0100%	4h	0.05659	+0.088%	$805K	$924K	20x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05660	+0.106%	$179K	$57K	50x	as long as short
MEXC ONT_USDT	+0.0100%	4h	0.05659	+0.088%	$1.5M	$152K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05655	+0.018%	$521K	$43K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05656	+0.035%	$799K	$316K	50x	as long as short
Kraken Futures PF_ONTUSD	+0.0472%	1h	0.05660	+0.106%	$9K	$301	10x	as long as short
Variational Omni ONT	+0.1034%	4h	0.05652	−0.027%	$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-USDT	+0.1128%	4h	0.05657	+0.053%	—	$2.3M	—	as long as short
Bybit ONTUSDTlong	+0.1171%	4h	0.05654	long leg	$799K	$334K	25x