Funding you earn now, next payment 04:00 UTC+0.0773%/8h= +84.7% APRnext payment +$3.87 per $10,000 · paid last 24h +0.497%
Price spread now: Bybit against KuCoin−0.232%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$459as in the Funding arb table
Net, price: spread back to 7d avg − costs−$535as in the Price arb table
costs, in and out, $10k−$5155.148% of the position
Funding, last 7 days+0.560%+$56 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.232%, 7d avg −0.026%
=Funding pays, the price is against you. Bybit is 0.206% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of −0.026%). If the spread goes back, that is −$21 on $10k: about 21 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.560% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONTUSDTM | 0.05612 | 0.0100 | pay 0.0050% / 4h | 48m 15s | $518K | $41K | 30x |
| Short | Bybit ONTUSDT | 0.05599 | 0.0873 | get 0.0437% / 4h | 48m 15s | $791K | $332K | 25x |
KuCoin ONTUSDTM
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $162.42
- Price spread: −0.232% → −0.026%
- −$20.55
- Slippage, 4 orders
- −$491.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$372.95
- Costs to cover
- 5.148%
- Break-even
- 23.1 days
Slippage from KuCoin: live order book, 35 min ago; Bybit: live order book, 7 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, 35 min ago | 7.95 bp | 182.1 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 3.56 bp | 40.4 bp −$40 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05608 | −0.068% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05605 | −0.125% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05604 | −0.143% | $797K | $898K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.036% | $178K | $55K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05606 | −0.107% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTMlong | +0.0100% | 4h | 0.05612 | long leg | $518K | $41K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05606 | −0.107% | $798K | $280K | 50x | as long as short |
| BloFin ONT-USDT | +0.0156% | 4h | 0.05612 | 0.000% | $131K | $24K | 50x | as long as short |
| Variational Omni ONT | +0.0800% | 4h | 0.05608 | −0.080% | $4K | $3K | — | as long as short |
| Bybit ONTUSDTshort | +0.0873% | 4h | 0.05599 | −0.232% | $791K | $332K | 25x |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BloFin ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.0974% | 4h | 0.05603 | −0.160% | — | $2.3M | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0987% | 1h | 0.05601 | −0.189% | $9K | $301 | 10x | as long as short |
BingX ONT-USDT
Kraken Futures PF_ONTUSD