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

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin0.000%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4094.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now 0.000%, 7d avg −0.081%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.081% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONTUSDTM0.056410.0100pay 0.0050% / 4h55m 48s$525K$50K30x
ShortBitget ONTUSDT0.056410.0100get 0.0050% / 4h55m 48s$817K$319K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: 0.000% → −0.081%
$8.12
Slippage, 4 orders
−$385.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$401.12
Costs to cover
4.092%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 20 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, 7 min ago8.00 bp110.3 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 20 min ago0.89 bp21.2 bp −$2151.5 bp −$515doesn't fitdoesn't fit

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_ONTUSD−0.0093%1h0.05663+0.385%$9K$23110xas long as short
OKX ONT-USDT-SWAP+0.0011%4h0.05643+0.035%$809K$889K20xas long as short
BloFin ONT-USDT+0.0097%4h0.05642+0.018%$131K$24K50xas long as short
Aster ONTUSDT+0.0100%4h0.05642+0.018%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05642+0.013%$2.4M$2.6M50xas long as short
Gate ONT_USDT+0.0100%4h0.05639−0.035%$173K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05643+0.035%$1.5M$137K50xas long as short
KuCoin ONTUSDTMlong+0.0100%4h0.05641long leg$525K$50K30x
Bitget ONTUSDTshort+0.0100%4h0.056410.000%$817K$319K50x
Variational Omni ONT+0.1059%4h0.05614−0.474%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1420%4h0.05639−0.035%$2.3Mas long as short
Bybit ONTUSDT+0.1556%4h0.05633−0.142%$801K$317K25xas long as short