Funding you earn now, next payment 02:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h −0.021%
Price spread now: Bitget against Kraken Futures−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.069% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ONTUSD | 0.05638 | 0.0564 | pay 0.0071% / 1h | 5m 55s | $9K | $262 | 10x |
| Short | Bitget ONTUSDT | 0.05634 | 0.0100 | get 0.0050% / 4h | 2h 05m | $797K | $324K | 50x |
Kraken Futures PF_ONTUSD
Bitget ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$97.46
- Price spread: −0.069% → 0.000%
- −$6.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$126.34
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 60 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 60 min ago | 1.76 bp | 14.7 bp −$15 | 45.6 bp −$456 | doesn't fit | doesn'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 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05636 | −0.026% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05633 | −0.087% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05633 | −0.087% | $802K | $928K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05640 | +0.038% | $178K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05635 | −0.051% | $1.5M | $159K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05639 | +0.020% | $520K | $46K | 30x | as long as short |
| Bitget ONTUSDTshort | +0.0100% | 4h | 0.05634 | −0.069% | $797K | $324K | 50x | |
| Kraken Futures PF_ONTUSDlong | +0.0564% | 1h | 0.05638 | long leg | $9K | $262 | 10x | |
| Variational Omni ONT | +0.1221% | 4h | 0.05631 | −0.131% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.1436% | 4h | 0.05631 | −0.122% | — | $2.3M | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Variational Omni ONT
BingX ONT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1558% | 4h | 0.05631 | −0.122% | $798K | $333K | 25x | as long as short |
Bybit ONTUSDT