Funding you earn now, next payment 07:00 UTC−0.0939%/8h= −102.9% APRpaid last 24h −0.083%
Price spread now: OKX against Kraken Futures−0.020%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 −$28 a day on $10k at the current rate, and OKX is 0.020% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 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 | 0.05598 | 0.0958 | pay 0.0120% / 1h | 32m 01s | $9K | $384 | 10x |
| Short | OKX ONT-USDT-SWAP | 0.05597 | 0.0019 | get 0.0010% / 4h | 1h 32m | $782K | $914K | 20x |
Kraken Futures PF_ONTUSD
OKX ONT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$197.25
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$219.25
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 9 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 OKX live order book, 9 min ago | 2.67 bp | 18.6 bp −$19 | 71.7 bp −$717 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAPshort | +0.0019% | 4h | 0.05597 | −0.020% | $782K | $914K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05603 | +0.082% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05601 | +0.051% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05598 | −0.002% | $172K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05599 | +0.016% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05601 | +0.051% | $516K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05599 | +0.016% | $810K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05595 | −0.055% | $4K | $3K | — | as long as short |
| BloFin ONT-USDT | +0.0130% | 4h | 0.05602 | +0.069% | $127K | $15K | 50x | as long as short |
| BingX ONT-USDT | +0.0358% | 4h | 0.05598 | −0.002% | — | $2.3M | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BloFin ONT-USDT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0375% | 4h | 0.05595 | −0.056% | $794K | $331K | 25x | as long as short |
| Kraken Futures PF_ONTUSDlong | +0.0958% | 1h | 0.05598 | long leg | $9K | $384 | 10x |
Bybit ONTUSDT