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

ONT

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1051.051% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONT_USDT0.056430.0100pay 0.0050% / 4h3h 41m$173K$55K50x
ShortBloFin ONT-USDT0.056550.0044get 0.0022% / 4h3h 41m$131K$23K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 25 min ago3.55 bp45.5 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 14 min ago0.88 bp15.5 bp −$1525.4 bp −$254doesn'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
Kraken Futures PF_ONTUSD0.0000%1h0.05656+0.230%$9K$23610xas long as short
BloFin ONT-USDTshort+0.0044%4h0.05655+0.213%$131K$23K50x
Aster ONTUSDT+0.0100%4h0.05647+0.075%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.056430.000%$2.4M$2.6M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05639−0.071%$796K$879K20xas long as short
Gate ONT_USDTlong+0.0100%4h0.05643long leg$173K$55K50x
MEXC ONT_USDT+0.0100%4h0.05641−0.035%$1.5M$151K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05649+0.106%$526K$45K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05644+0.018%$803K$318K50xas long as short
BingX ONT-USDT+0.0562%4h0.05642−0.018%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ONT+0.1103%4h0.05641−0.033%$4K$3Kas long as short
Bybit ONTUSDT+0.1151%4h0.05636−0.124%$801K$313K25xas long as short