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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h −0.007%
Price spread now: Binance against Kraken Futures+0.036%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.036% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ONTUSD0.05604−0.0088get 0.0011% / 1h30m 03s$9K$23110x
ShortBinance ONTUSDT0.056060.0100get 0.0050% / 4h2h 30m$2.4M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. 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
$39.48
Price spread: +0.036% → 0.000%
$3.64
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$23.12
Costs to cover
0.200%
Break-even
2.9 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 5 min ago. 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 Kraken Futures no order-book sample
Sell Binance live order book, 5 min ago2.68 bp15.5 bp −$1651.9 bp −$519doesn't fitdoesn't fit
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
Kraken Futures PF_ONTUSDlong−0.0088%1h0.05604long leg$9K$23110x
BloFin ONT-USDT+0.0047%4h0.05609+0.090%$131K$25K50xas long as short
Aster ONTUSDT+0.0100%4h0.05609+0.085%$26K$3885xas long as short
Binance ONTUSDTshort+0.0100%4h0.05606+0.036%$2.4M$2.7M50x
OKX ONT-USDT-SWAP+0.0100%4h0.05596−0.142%$804K$873K20xas long as short
Gate ONT_USDT+0.0100%4h0.05606+0.036%$172K$61K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05605+0.019%$1.4M$138K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05608+0.072%$522K$54K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05604+0.001%$808K$316K50xas long as short
Variational Omni ONT+0.1628%4h0.05594−0.173%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1722%4h0.05600−0.071%$2.3Mas long as short
Bybit ONTUSDT+0.1811%4h0.05595−0.160%$798K$319K25xas long as short