Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.666%−$67 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONTUSDT0.055960.0372pay 0.0186% / 4h1h 33m$794K$331K25x
ShortKuCoin ONTUSDTM0.056020.0100get 0.0050% / 4h1h 33m$516K$38K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago1.79 bp40.0 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago8.02 bp220.0 bp −$220doesn't fitdoesn't fitdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONT-USDT-SWAP+0.0033%4h0.055960.000%$782K$914K20xas long as short
BloFin ONT-USDT+0.0067%4h0.05605+0.161%$127K$15K50xas long as short
Aster ONTUSDT+0.0100%4h0.05603+0.131%$26K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05600+0.071%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05601+0.089%$172K$59K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05601+0.089%$1.4M$151K50xas long as short
KuCoin ONTUSDTMshort+0.0100%4h0.05602+0.107%$516K$38K30x
Bitget ONTUSDT+0.0100%4h0.05599+0.054%$810K$272K50xas long as short
Variational Omni ONT+0.0100%4h0.05595−0.017%$4K$3Kas long as short
BingX ONT-USDT+0.0358%4h0.05600+0.071%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDTlong+0.0372%4h0.05596long leg$794K$331K25x
Kraken Futures PF_ONTUSD+0.0958%1h0.05598+0.035%$9K$38410xas long as short