Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Gate+0.213%108s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.213%, 7d avg −0.041%
=The price spread pays, funding is against you. BloFin is 0.253% dearer against Gate than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of −0.041%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.025% in total) that is about 2 months. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONT_USDT | 0.05643 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $173K | $55K | 50x |
| Short | BloFin ONT-USDT | 0.05655 | 0.0044 | get 0.0022% / 4h | 3h 41m | $131K | $23K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$11.79
- Price spread: +0.213% → −0.041%
- $25.33
- Slippage, 4 orders
- −$78.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.57
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; BloFin: live order book, 14 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 Gate live order book, 25 min ago | 3.55 bp | 45.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 0.88 bp | 15.5 bp −$15 | 25.4 bp −$254 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | 0.0000% | 1h | 0.05656 | +0.230% | $9K | $236 | 10x | as long as short |
| BloFin ONT-USDTshort | +0.0044% | 4h | 0.05655 | +0.213% | $131K | $23K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05647 | +0.075% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05643 | 0.000% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05639 | −0.071% | $796K | $879K | 20x | as long as short |
| Gate ONT_USDTlong | +0.0100% | 4h | 0.05643 | long leg | $173K | $55K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05641 | −0.035% | $1.5M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05649 | +0.106% | $526K | $45K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05644 | +0.018% | $803K | $318K | 50x | as long as short |
| BingX ONT-USDT | +0.0562% | 4h | 0.05642 | −0.018% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.1103% | 4h | 0.05641 | −0.033% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.1151% | 4h | 0.05636 | −0.124% | $801K | $313K | 25x | as long as short |
Gate ONT_USDT
BloFin ONT-USDT
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONT
Bybit ONTUSDT