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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.472%
Price spread now: BingX against Gate−0.230%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.465%+$46 on $10k
Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.230%, 7d avg −0.051%
Together, before fees+0.656%+$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.179% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONT_USDT0.056590.0100pay 0.0050% / 4h3h 43m$174K$55K50x
ShortBingX ONT-USDT0.056460.0100get 0.0050% / 4h3h 43m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$0
Price spread: −0.230% → −0.051%
−$17.86
Slippage, 4 orders
−$80.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$123.69
Costs to cover
1.058%
Break-even
never at this rate
Slippage from Gate: live order book, 22 min ago; BingX: 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 Gate live order book, 22 min ago3.55 bp45.5 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago2.65 bp15.7 bp −$1635.0 bp −$350384.3 bp −$38.4K1136.2 bp −$568.1K

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
Kraken Futures PF_ONTUSD0.0000%1h0.05651−0.149%$9K$23610xas long as short
Aster ONTUSDT+0.0100%4h0.05656−0.046%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05649−0.177%$2.4M$2.6M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05642−0.300%$797K$877K20xas long as short
Gate ONT_USDTlong+0.0100%4h0.05659long leg$174K$55K50x
MEXC ONT_USDT+0.0100%4h0.05649−0.177%$1.5M$151K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05651−0.141%$526K$45K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05653−0.106%$805K$319K50xas long as short
BingX ONT-USDTshort+0.0100%4h0.05646−0.230%$2.3M
BloFin ONT-USDT+0.0159%4h0.05648−0.194%$131K$23K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0592%4h0.05642−0.300%$801K$311K25xas long as short
Variational Omni ONT+0.1103%4h0.05641−0.316%$4K$3Kas long as short