ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1254%/8h= −137.3% APRnext payment −$6.27 per $10,000 · paid last 24h −0.497%

Price spread now: MEXC against Bybit+0.160%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$1001.003% of the position

Long on Bybit Short on MEXC

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)−0.218%−$22 · spread now +0.160%, 7d avg +0.009%

Together, before fees−0.630%−$63 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.152% dearer against Bybit than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.009%): +$15 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.412% in total) that is about 2.6 days.

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 −$6.27 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	0.05612	0.1354	pay 0.0677% / 4h	1h 40m	$793K	$334K	25x
Short	MEXC ONT_USDT	0.05621	0.0100	get 0.0050% / 4h	1h 40m	$1.4M	$151K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$263.25
Price spread: +0.160% → +0.009%: $15.18
Slippage, 4 orders: −$85.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$348.42
Costs to cover: 1.003%
Break-even: never at this rate

Slippage from Bybit: live order book, 19 min ago; MEXC: live order book, 6 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, 19 min ago	3.56 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	0.89 bp	9.4 bp −$9	20.1 bp −$201	488.0 bp −$48.8K	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
Aster ONTUSDT	+0.0100%	4h	0.05627	+0.263%	$27K	$537	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05620	+0.143%	$2.4M	$2.7M	50x	as long as short
OKX ONT-USDT-SWAP	+0.0100%	4h	0.05621	+0.160%	$800K	$922K	20x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05620	+0.143%	$178K	$57K	50x	as long as short
MEXC ONT_USDTshort	+0.0100%	4h	0.05621	+0.160%	$1.4M	$151K	50x
KuCoin ONTUSDTM	+0.0100%	4h	0.05624	+0.214%	$518K	$44K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05614	+0.036%	$793K	$316K	50x	as long as short
BloFin ONT-USDT	+0.0114%	4h	0.05613	+0.018%	$130K	$24K	50x	as long as short
Kraken Futures PF_ONTUSD	+0.0476%	1h	0.05616	+0.068%	$9K	$301	10x	as long as short
Variational Omni ONT	+0.1145%	4h	0.05609	−0.046%	$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	+0.1348%	4h	0.05622	+0.178%	—	$2.3M	—	as long as short
Bybit ONTUSDTlong	+0.1354%	4h	0.05612	long leg	$793K	$334K	25x