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−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h +0.496%
Price spread now: BingX against KuCoin+0.089%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$616as in the Price arb table
costs, in and out, $10k−$6266.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.646%+$65 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.089%, 7d avg −0.016%
Together, before fees+0.557%+$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.105% dearer against KuCoin than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.016%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.646%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONTUSDTM0.056060.0100pay 0.0050% / 4h2h 56m$516K$39K30x
ShortBingX ONT-USDT0.056110.0070get 0.0035% / 4h2h 56m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
−$6.3
Price spread: +0.089% → −0.016%
$10.49
Slippage, 4 orders
−$604.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$622.01
Costs to cover
6.262%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 7 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 KuCoin live order book, 2 min ago7.16 bp194.2 bp −$194doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.68 bp17.8 bp −$1843.7 bp −$437539.0 bp −$53.9K1138.1 bp −$569.1K

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
BloFin ONT-USDT+0.0048%4h0.05611+0.089%$130K$14K50xas long as short
BingX ONT-USDTshort+0.0070%4h0.05611+0.089%$2.3M
Aster ONTUSDT+0.0100%4h0.05612+0.102%$26K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05611+0.089%$2.4M$2.6M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05609+0.054%$794K$895K20xas long as short
Gate ONT_USDT+0.0100%4h0.05610+0.071%$174K$56K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05607+0.018%$1.4M$151K50xas long as short
KuCoin ONTUSDTMlong+0.0100%4h0.05606long leg$516K$39K30x
Bitget ONTUSDT+0.0100%4h0.05610+0.071%$821K$277K50xas long as short
Variational Omni ONT+0.0119%4h0.05583−0.419%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0260%4h0.05608+0.036%$793K$326K25xas long as short
Kraken Futures PF_ONTUSD+0.0890%1h0.05634+0.496%$9K$31710xas long as short