Funding you earn now, next payment 22:00 UTC−0.2052%/8h= −224.7% APRpaid last 24h −0.413%
Price spread now: Kraken Futures against Bybit+0.245%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.245% dearer against Bybit than usual: you sell high and buy low (spread +0.245% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05614 | 0.1964 | pay 0.0982% / 4h | 2h 25m | $801K | $319K | 25x |
| Short | Kraken Futures PF_ONTUSD | 0.05628 | −0.0088 | pay 0.0011% / 1h | 25m 35s | $9K | $231 | 10x |
Bybit ONTUSDT
Kraken Futures PF_ONTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$430.84
- Price spread: +0.245% → 0.000%
- $24.52
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$427.32
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 59 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 59 min ago | 3.58 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_ONTUSDshort | −0.0088% | 1h | 0.05628 | +0.245% | $9K | $231 | 10x | |
| BloFin ONT-USDT | +0.0096% | 4h | 0.05608 | −0.107% | $131K | $25K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05628 | +0.258% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05628 | +0.249% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05621 | +0.125% | $806K | $878K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05629 | +0.267% | $173K | $61K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05629 | +0.267% | $1.4M | $138K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05624 | +0.178% | $523K | $54K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05629 | +0.267% | $811K | $316K | 50x | as long as short |
| Variational Omni ONT | +0.1628% | 4h | 0.05594 | −0.352% | $4K | $3K | — | as long as short |
BloFin ONT-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1710% | 4h | 0.05625 | +0.196% | — | $2.3M | — | as long as short |
| Bybit ONTUSDTlong | +0.1964% | 4h | 0.05614 | long leg | $801K | $319K | 25x |
BingX ONT-USDT