Funding you earn now, next payment 08:00 UTC−0.0272%/8h= −29.8% APRnext payment −$1.36 per $10,000 · paid last 24h −0.521%
Price spread now: KuCoin against Bybit+0.107%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$479as in the Price arb table
costs, in and out, $10k−$4874.871% of the position
Funding, last 7 days−0.570%−$57 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.107%, 7d avg +0.030%
=The price spread pays, funding is against you. KuCoin is 0.078% dearer against Bybit than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.030%): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05596 | 0.0372 | pay 0.0186% / 4h | 1h 33m | $794K | $331K | 25x |
| Short | KuCoin ONTUSDTM | 0.05602 | 0.0100 | get 0.0050% / 4h | 1h 33m | $516K | $38K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$57.22
- Price spread: +0.107% → +0.030%
- $7.76
- Slippage, 4 orders
- −$464.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$536.53
- Costs to cover
- 4.871%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 10 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, 6 min ago | 1.79 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 8.02 bp | 220.0 bp −$220 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | +0.0033% | 4h | 0.05596 | 0.000% | $782K | $914K | 20x | as long as short |
| BloFin ONT-USDT | +0.0067% | 4h | 0.05605 | +0.161% | $127K | $15K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05603 | +0.131% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05600 | +0.071% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05601 | +0.089% | $172K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05601 | +0.089% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTMshort | +0.0100% | 4h | 0.05602 | +0.107% | $516K | $38K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05599 | +0.054% | $810K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05595 | −0.017% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0358% | 4h | 0.05600 | +0.071% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTlong | +0.0372% | 4h | 0.05596 | long leg | $794K | $331K | 25x | |
| Kraken Futures PF_ONTUSD | +0.0958% | 1h | 0.05598 | +0.035% | $9K | $384 | 10x | as long as short |
Bybit ONTUSDT
KuCoin ONTUSDTM
OKX ONT-USDT-SWAP
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDT
Kraken Futures PF_ONTUSD