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+0.0960%/8h= +105.1% APRpaid last 24h +0.093%
Price spread now: Kraken Futures against Gate−0.062%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.062% cheaper against Gate than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$29 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONT_USDT0.056070.0100pay 0.0050% / 4h1m 43s$172K$60K50x
ShortKraken Futures PF_ONTUSD0.056030.1060get 0.0133% / 1h1m 43s$9K$39710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$201.64
Price spread: −0.062% → 0.000%
−$6.25
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$170.39
Costs to cover
0.250%
Break-even
1.1 days
Slippage unknown: Gate: live order book, 29 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 29 min ago4.47 bp44.3 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0042%4h0.05598−0.161%$781K$902K20xas long as short
BloFin ONT-USDT+0.0067%4h0.05601−0.107%$128K$15K50xas long as short
Aster ONTUSDT+0.0100%4h0.05605−0.038%$26K$1685xas long as short
Binance ONTUSDT+0.0100%4h0.05602−0.089%$2.4M$2.7M50xas long as short
Gate ONT_USDTlong+0.0100%4h0.05607long leg$172K$60K50x
MEXC ONT_USDT+0.0100%4h0.05602−0.089%$1.5M$153K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05605−0.036%$515K$37K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05594−0.232%$801K$281K50xas long as short
Variational Omni ONT+0.0627%4h0.05590−0.308%$4K$3Kas long as short
Bybit ONTUSDT+0.0806%4h0.05591−0.285%$792K$316K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.0810%4h0.05599−0.143%$2.3Mas long as short
Kraken Futures PF_ONTUSDshort+0.1060%1h0.05603−0.062%$9K$39710x