Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against KuCoin+0.071%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$610as in the Funding arb table
Net, price: spread back to 7d avg − costs−$615as in the Price arb table
costs, in and out, $10k−$6236.229% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now +0.071%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.079% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONTUSDTM | 0.05619 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $517K | $38K | 30x |
| Short | BloFin ONT-USDT | 0.05623 | 0.0132 | get 0.0066% / 4h | 2h 13m | $128K | $15K | 50x |
KuCoin ONTUSDTM
BloFin ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $6.74
- Price spread: +0.071% → −0.008%
- $7.93
- Slippage, 4 orders
- −$598.89
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$608.22
- Costs to cover
- 6.229%
- Break-even
- 639.1 days
Slippage from KuCoin: live order book, 45 min ago; BloFin: live order book, 58 min ago.
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 KuCoin live order book, 45 min ago | 7.16 bp | 194.2 bp −$194 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 6.24 bp | 12.6 bp −$13 | 26.0 bp −$260 | doesn't fit | doesn't fit |
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-SWAP | +0.0074% | 4h | 0.05620 | +0.018% | $787K | $906K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05622 | +0.047% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05622 | +0.053% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.160% | $173K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05623 | +0.071% | $1.4M | $154K | 50x | as long as short |
| KuCoin ONTUSDTMlong | +0.0100% | 4h | 0.05619 | long leg | $517K | $38K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05622 | +0.053% | $824K | $271K | 50x | as long as short |
| BingX ONT-USDT | +0.0100% | 4h | 0.05618 | −0.018% | — | $2.3M | — | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05605 | −0.248% | $4K | $3K | — | as long as short |
| BloFin ONT-USDTshort | +0.0132% | 4h | 0.05623 | +0.071% | $128K | $15K | 50x |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0218% | 4h | 0.05611 | −0.142% | $796K | $329K | 25x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0892% | 1h | 0.05621 | +0.035% | $9K | $384 | 10x | as long as short |
Bybit ONTUSDT
Kraken Futures PF_ONTUSD